Israel: Exports lose steam in March
April 27, 2017
Exports rose 0.1% in March compared to the same month of the previous year, according to the Central Bureau of Statistics (CBS). This marked a notable deceleration from the 5.8% rise seen in February. Exports totaled USD 4.7 billion in March, above February’s USD 4.5 billion.
Meanwhile, imports declined 0.4% in March from the same month of the previous year. (February: -4.9% year-on-year). Imports totaled USD 5.7 billion in March, above the USD 5.1 billion in February. The trade deficit widened from USD 0.6 billion in March 2016 to USD 1.0 billion in March 2017.