CBS: 32% Rise in Israeli Export on March

Port2port News Service
Apr 26, 2010

Israeli exports totaled US$4.86 billion in March 2010, Imports rose by 22% to $5.13 billion.

The Central Bureau of Statistics reported last week that Israeli exports totaled $4.86 billion in March 2010, 32% more than in February, Imports rose by 22% to $5.13 billion.

The trade balance (excluding diamonds) shows a deficit of $0.3 billion in March 2010 ($0.3 billion in the same month of 2009). The trade balance (excluding diamonds) by main country groups shows a surplus of $0.6 billion with USA, a surplus of $0.1 billionwith Asian countries, a deficit of $0.4 billion with EU countries and a deficit of $0.6 billion with other countries group.

The trend data calculated by the Central Bureau of Statistics, seasonally adjusted and adjusted for irregular elements, point to a rise of import of goods (excluding diamonds) of 42% at an annual rate, during January -March 2010.

Trend data by main country groups indicates that imports from EU countries point to a rise of 29.5%, at an annual rate, during January - March 2010. Imports from USA point to a rise of 38.4%, imports from Asia point to a rise of 41.8% and imports from othercountries point to a rise of 55.4% during the last three months, at an annual rate.

The trend data calculated by the Central Bureau of Statistics, seasonally adjusted and adjusted for irregular elements, point to a rise of export of goods (excluding diamonds) of 26.1%, at an annual rate, during January –March 2010.

Trend data by main country groups indicates that exports to USA point to a drop of 6.4%, at an annual rate, during January - March 2010. Exports to EU countries point to a rise of 18.8%, exports to Asia point to a rise of 69.4% and exports to other countries group point to a rise of 34.9% during the last three months.