Israel: Exports lose steam in January
February 13, 2017
According to the Central Bureau of Statistics (CBS), exports totaled USD 4.7 billion in January, mirroring December’s figure. Exports rose 1.7% compared to the same month of the previous year, well below the 6.2% increase in December and marking a three-month low.
Meanwhile, imports totaled USD 5.4 billion in January, below the USD 6.2 billion in December. Imports grew 14.5% from the same month of the previous year. (December: +12.7% year-on-year). Meanwhile, the trade deficit widened from USD 0.1 billion in January 2016 to USD 0.7 billion in January 2017.