The Central Bureau of Statistics reports that exports, excluding diamonds, to the US, Asia, and the "rest of the world category" rose in the second quarter of 2009 more than regained the losses in the first quarter.
Imports of goods, excluding diamonds, totaled $19.3 billion in the first half, of which 37% came from the EU, 21% from Asian countries, 14% from the US, and 28% from the rest of the world.
Exports of goods, excluding diamonds, totaled $16.7 billion in the first half, of which 31% went to the EU, 32% to the US, 14% to Asian countries, and 23% to the rest of the world.
Israel's trade deficit, excluding diamonds, totaled $2.6 billion in the first half, down from $6.8 billion in the first half of 2008.
Exports of goods, excluding diamonds, rose by an annualized 15.8% in the second quarter, in trend figures, after falling by an annualized 4.7% in the first quarter. Exports to Asian countries rose by annualized 0.3% in the first quarter, after plunging by an annualized 36.7% in the first quarter. Exports to the EU fell by an annualized 10.6% in the second quarter, after plunging by an annualized 47.9% in the first quarter. Exports to the rest of the world rose by 33.4% in the second quarter, after falling by an annualized 12.2% in the first quarter.
Published by Globes [online], Israel business news - www.globes-online.com - on July 19, 2009
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