Petah Tikva is Israel's top export city

Petah Tikva

Haifa is in second place with 15.6% of exports, according to the Ministry of the Economy Foreign Trade Administration.

The city of Petah Tikva is Israel's main exporter, according to the first survey by the Ministry of the Economy Foreign Trade Administration. The survey shows that companies operating in Israel's oldest city account for 17.2% of Israeli exports, excluding diamonds, with 1,540 exporters operating in the city. Haifa is in second place with 700 exporters and 15.6% of outgoing Israeli goods, followed by Ashkelon with 560 exporters and 12.7% of exports. Figures published by the Israel Export and International Cooperation Institute show that exports of goods and services from Israel totaled $96.7 billion in 2014, up 3%, compared with 2013.

The analysis of the distribution of exporters by the Ministry of the Economy puts Tel Aviv in fourth place with 10.2% of Israeli exports. At the same time, from a regional perspective, Tel Aviv and the central region account for the largest proportion of exports - 43.5%. 7,900 exporters operate in the central region, 31 of which are considered major exporters with over $100 million in exports a year. Israel's fifth biggest exporting city is Beersheva with 7.9% of Israeli exports. 404 exporters operate in Beersheva, seven of which are considered major exporters.

Published by Globes [online], Israel business news - www.globes-online.com - on March 22, 2015

© Copyright of Globes Publisher Itonut (1983) Ltd. 2015

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