Report: Israeli Trade Deficit Hits $467m in September

Israel’s trade deficit reached 1.8 billion shekels ($467 million) in September, a new report revealed.

The report issued by the Israeli Central Bureau of Statistics said trade has registered a decline of 33.4 per cent compared with the same period last year.

The total value of Israel’s imports in September amounted to $4.129 billion compared with exports amounting to $3.662 billion.

According to the report, 46 per cent of the imports included raw materials for industry, 20 per cent was consumer goods, 12 per cent machinery and investment equipment and 22 per cent in rough diamonds and fuels.

Some 85 per cent of Israeli exports included weapons, drugs, technology and manufacturing, 14 per cent polished diamonds and one per cent were in agricultural exports and fish.

(Middle East Monitor)

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