Israel: Exports pick up in February
March 13, 2017
According to the Central Bureau of Statistics (CBS), exports rose 4.4% compared to the same month of the previous year, accelerating from the 1.6% rise seen in January. Exports totaled USD 4.4 billion in February, below January’s USD 4.7 billion
Meanwhile, imports contracted 4.9% from the same month of the previous year. (January: +14.7% year-on-year). Imports totaled USD 5.1 billion in February, below the USD 5.4 billion in January. The trade deficit narrowed from USD 1.0 billion in February 2016 to USD 0.7 billion in February 2017.