Total export of goods and services from Israel in 2006 reached 62.6 billion dollars, an increase of 9% over the previous year.
In 2006, the total import of goods (excluding diamonds) was 38.7 billion dollars, representing a rise of 9.3% compared with 2005. The total export of goods (excluding diamonds) was 30.6 billion dollars, representing a rise of 14.4%, compared with 2005.
Industrial exports are the main component of Israel's exports – 74% of the goods exported, reaching 29.3 billion dollars, and an increase of 15% over 2005.
Services exported by Israel was 19.3 billion dollars in 2006, an increase of 10% over the previous year, continuing the trend since 2005.
Export of goods by region 2006: North America is the principal destination of Israeli goods, 40% of the total. Export to the E.U. amounts to 27% and Asia is the third destination, with 19% of the total.
Goods and services imported reached a total of 61.7 billion dollars, an increase of 7% compared to the previous year. In 2005 the increase was 10%. The total of all imports (excluding military imports, ships, airplanes and diamonds) rose by 5% in 2006 compared to 5.2% in 2005. Gross Exports and Imports by Region in US$M
Region Import
Region Export
Gross exports by sector in US$M
Custom/import licensing
Certain imported goods require a license from the appropriate authorities. Different imported items are liable to different customs rates.
The rate for any particular item should be checked carefully with a registered customs agent before actual importation.
Sources:
• Central bureau of statistics Israel, Israel's National Accounts 2006, March
2007
• Central bureau of statistics Israel, Summary of Israel's Foreign Trade by Country - 2006, January 2007
• The Israel Export & International Cooperation Institute, Trade Overview, 2006
| 2006 | 2005 | |
| E.U. | 17,860.2 | 17,439.7 |
| U.S.A | 5,616.6 | 6,042.1 |
| Asia | 9,348.0 | 8,214.2 |
| Other Countries | 14,626.2 | 13,338.5 |
| Total | 47,751.0 | 45,034.5 |
Region Export
| 2006 | 2005 | |
| E.U. | 12,693.3 | 12,261.1 |
| U.S.A | 17,846.5 | 15,500.1 |
| Asia | 8,526.1 | 7,684.1 |
| Other Countries | 7,382.6 | 7,325.1 |
| Total | 46,448.5 | 42,770.4 |
| Group | 2006 |
| Manufacturing Exports | 42,038.5 |
| Agricultural Produce | 1,029.3 |
| Rough Diamonds | 3,096.6 |
| Other | 284.1 |
| Total | 46,448.5 |
Certain imported goods require a license from the appropriate authorities. Different imported items are liable to different customs rates.
The rate for any particular item should be checked carefully with a registered customs agent before actual importation.
Sources:
• Central bureau of statistics Israel, Israel's National Accounts 2006, March
2007
• Central bureau of statistics Israel, Summary of Israel's Foreign Trade by Country - 2006, January 2007
• The Israel Export & International Cooperation Institute, Trade Overview, 2006
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