Communicated by Central
Bureau of Statistics
Jerusalem, 16 March 2000
Israel's Foreign Trade Jan.-Feb. 2000
The Central Bureau of Statistics released today (Thursday) 16.3.2000, released foreign trade data for January and February 2000.
Israel's total trade deficit in goods amounted to $1.1 billion during this period, 95% of which was with trade with the European Union, partly offset by a trade surplus with the United States.
Israel had a trade surplus in diamonds for the period of $500 million. The majority of imports came from Britain, Belgium and Switzerland; the majority of exports went to the United States and Asian countries.
Foreign trade deficit excluding diamonds in January and February was $1.6 billion. The deficit with the EU was $700 million, 10% higher than the comparable period in 1999. Imports from the EU was 3.7% than exports. The trade deficit with the United States (excluding diamonds) was $365 million. Imports from the United States grew by $230 million, while exports grew by $105 million compared to the same period last year. Exports to Asian countries (excluding diamonds) amounted to $87 million and imports amounted to $104 million.