Export growth slowed considerably in
August-October 2006, in the aftermath
of the second Lebanon war, the Central
Bureau of Statistics reported today.
Exports to the US rose by an annualized
13.6 percent in August-October, after
rising by an annualized 39 percent in
May-July. Exports to the EU rose by
16.8 percent in August-October after
rising 22 percent in May-July. Exports
to Asia rose 6.2 percent, after rising
21.5 percent, and exports to the rest
of the world rose by 2 percent in August-October.
Import growth was also slower in
August-October than in May-July. Imports
from the US rose by an annualized
20 percent in August-October, after
rising by an annualized 28 percent
in May-July. Imports from the EU rose
by 2 percent in August-October, imports
from Asia rose by 12.7 percent, and
imports from the rest of the world
rose by 8.7 percent.
Exports, excluding diamonds, totaled
$25.1 billion in January-October:
33 percent of exports were to the
EU, 31 percent to the US, 15 percent
to Asia, and 21 percent to the rest
of the world.
Imports, excluding diamonds, totaled
$32.4 billion in January-October:
37 percent of exports were from the
EU, 13 percent from the US, 19 percent
from Asia, and 31 percent from the
rest of the world.
Israel had a trade balance of $3.4
billion with the US in January-October,
but a trade deficit of $3.5 billion
with the EU, $2.3 with Asia, and $4.8
billion with the rest of the world.
