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Diamond News Center > Diamond News > Financial News

Diamond News

32% Rise in Israeli Exports in March

28.04.10, 10:23 / Financial News

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 billion with 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 other countries 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.

 

By: Port2Port
More on this subject:
5% Increase in Jewelry Exports from Israel in 2007 (11/02/08)
Israel Imported Goods Worth $5.1 Billion in March 2010 (22/04/10)
Bank of Israel 2009 Annual Report Published (21/04/10)
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