Israel Trade January 2020

Israel: Exports and imports decline in January

Merchandise exports fell 0.5% in January in USD terms, following December’s 2.5% decline and marking a soft start to the year after a disappointing 2019. Meanwhile, imports dropped 5.1% on lower imports of consumer goods, raw materials and investment goods. The trade deficit narrowed in annual terms from USD 2.1 billion to USD 1.8 billion.

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