Israeli services export at US$2.6 billion in June

The export was down 0.1% on a year to year and down 3.2% compared to May
28.08.13 / 00:00
Israeli services export at US$2.6 billion in June
28.08.13
Israeli services export at US$2.6 billion in June

The Israel Central Bureau of Statistics reported that total value of export services in June 2013 (seasonally adjusted data without startup companies) was down 0.1% on a year to year basis.

Business services export was up 3.2% compared to previous month. Income from truism was down 5.1% compared to 9.7% increase in May.

Export of services in June generated by startup compaies totaled US$1.008 billion. Business services export was up 3.2% compared to 2.2% decrease in May.

Export of business services account for two third of total export services and consist of software, research and development, communication, engineering, advertizing etc.

Income to Israeli companies generated from transporting foreign passengers was 4.5%down in June, compared to 9.9% increase in May. Export of transport services, excluding passengers, was down 7.4%. In May export of transport services registered 5% decrease.