Font Size: A A A
Go to:
×
Voyage Search
General Shipping Search
Please select a port in Israel
Please select a port overseas
Exports from Israel
Imports to Israel
Tools & Calculators
Currencies
Update date: 20.08.2019
Currency Rate % Change
USD 3.545 +0.113
EUR 3.9345 +0.247
GBP 4.2922 -0.079
100 JPY 3.3231 -0.282
Currency calculator
Calculators
length area vol. weight
cm
m
km
inch
foot
yard
mile
Clear
square cm
square m
square km
square inch
square yard
square mile
Clear
cc
litre
cubic m
cubic inch
cubic yard
gallon
Clear
kg
short ton
long ton
lb
oz
Clear
Volume Weight Calculator
Ports' Workplan

Trade deficit down in first four months

In the first four months of the year, the merchandise trade deficit narrowed to an annualized NIS 42.3 billion, down from NIS 70.4 billion in 2012 and NIS 52.2 billion in 2011
17.05.13 / 00:00
Trade deficit down in first four months
17.05.13
Trade deficit down in first four months

The Central Bureau of Statistics (CBS) reported last week that Israel's trade deficit appears to be narrowing, after rising sharply in 2012.

Figures released by the Central Bureau of Statistics show that in the first four months of the year, the merchandise trade deficit narrowed to an annualized NIS 42.3 billion, down from NIS 70.4 billion in 2012 and NIS 52.2 billion in 2011.

Merchandise exports rose at an 8.1% annualized basis in the period February-April, turning around from a 5.1% annualized decline in the November-January period.

Merchandise imports, not counting ships, aircraft and diamonds, continued to show a decline of 4% on an annualized basis, slowing from a double-digit decline in the previous three months.

High-tech exports were up by 17.7% on an annualized basis, with exports of electronic components jumping 41.2%. That also marked a sharp turnaround after a decline in the previous three months.

×