We Caught Europe: Israel's Export and Import Data

The main target market for Israeli exports is Europe, which is also the continent from which we import more than anywhere else in the world.

What is the US share of total exports to the Americas, or of China of the total imports from Asia? And what is Israel's trade deficit? All the answers inside

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19/12/2021

Sunday, 19 December 2021, 10:49 Updated: 13:18

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CBS publishes Israel's foreign trade data in November. Where do we export and where do we import from? Here are all the answers:

• Exports of goods (excluding diamonds) amounted to NIS 14.1 billion. Of total exports of goods, exports to European countries accounted for 36%. Exports to the Americas 28%, exports to Asian countries 23% and the remaining 13% to the rest of the world.

• Imports of goods (excluding diamonds) amounted to NIS 24.9 billion. 51% of imports were from European countries, 10% from American countries, 26% from Asian countries And the remaining 13% of the rest of the world group.

• The trade deficit in trade in goods (excluding diamonds) amounted to NIS 10.8 billion in November 2021.

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Exports of goods from Israel, November 2021 (Photo: CBS)

Effect of the month of shopping and importing from China

Trend data in recent months (September-November 2021):

• 4.0% increase in exports of goods to European countries.

• A 29.7% increase in imports of goods from China.

In September-November 2021, exports of goods (excluding ships, aircraft and diamonds) increased, according to trend data, by 7.8% on an annual basis. This, following a 20.5% increase in the June-August 2021 annual calculation (an increase of 1.6% on average per month).

Exports of goods to Europe increased in September-November 2021 by 4.0% on an annual basis, following a 27.6% increase in June-August 2021 (an increase of 2.0% on average per month).

Since the beginning of the year, the largest increases in exports (excluding diamonds) to European countries, compared to the corresponding months in 2020 were: to Ireland, Cyprus and Italy.

Exports of goods to EU countries increased in September-November 2021 by 0.2% on an annual basis following an increase of 31.3% in June-August 2021 (an increase of 2.3% on average per month).

Decline in exports to China and the US

Exports of goods to Asian countries decreased by 4.3% on an annual basis in September-November 2021, after an increase of 10.2% in June-August 2021.

Since the beginning of the year, the largest decreases in exports (excluding diamonds) to Asian countries, compared to the corresponding months in 2020 were: To Kazakhstan, and to Azerbaijan.

Exports of goods to China decreased by 13.0% on an annual basis in September-November 2021, after an increase of 3.0% in June-August 2021.

Exports of goods to America decreased in the last three months by 15.1% on an annual basis.

This, after a 0.7% increase in June-August 2021.

Exports of goods to the United States have decreased in the last three months by 8.9% on an annualized basis.

This, after an increase of 0.6% in June-August 2021.

Exports of goods to the rest of the world group fell by 0.6% on an annual basis in the last three months, after an increase of 56.3% in June-August 2021 (an increase of 3.8% on average per month).

Imports of goods to Israel, November 2021 (Photo: CBS)

Imports of goods: September-November 2021 compared to June-August 2021

In September-November 2021, imports of goods (excluding ships, aircraft, diamonds and energy materials) increased, according to the trend data, by 8.9% on an annual basis. This, following a 23.3% increase in the annual calculation in June-August 2021 (an increase of 1.8% on average per month).

Imports from European countries decreased by 3.9% on an annual basis in September-November 2021. This, after an increase of 4.0% in June-August 2021.

Imports from EU countries decreased by 9.1% on an annual basis in September-November 2021, after an increase Of 5.2% in June-August 2021.

In the last three months, imports of goods from Asian countries increased by 13.0% on an annual basis. This, following a 36.5% increase in annual calculation in June-August 2021 (an increase of 2.6% on average per month). Since the beginning of the year, the largest increases in imports (excluding diamonds) from Asian countries, compared to the corresponding months in 2020 were: from the UAE, Jordan and Singapore.

According to the trend data, imports of goods from China increased by 29.7% on an annual basis in September-November 2021 (an increase of 2.2% on average per month), following a 49.4% increase in June-August 2021 (an increase of 3.4% on average per month).

According to the trend data, imports of goods from America increased by 19.9% ​​on an annual basis in September-November 2021. This, following a 38.7% increase in June-August 2021 (an increase of 2.8% on average per month). Since the beginning of the year, the largest increases in imports (excluding diamonds) from the United States, compared to the corresponding months in 2020 were: from Panama, Uruguay and Mexico.

According to the trend data, imports of goods from the United States increased by 18.5% on an annual basis in September-November 2021. This, following a 32.7% increase in June-August 2021 (an increase of 2.4% on average per month).

Imports from the rest of the world group have increased by 77.4% on an annual basis in the last three months (an increase of 4.8% on average per month).

Following an increase of 120.6% in June-August 2021 (an increase of 6.8% on average per month).

Since the beginning of the year, the largest increases in imports (excluding diamonds) in the rest of the world, compared to the corresponding months in 2020 were: from Kenya, Egypt and Australia.

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