Artzi: Industrial exports to U.S. in Q1 up 9%

Israel Export Institute Chairman David Artzi issued a statement last week indicating that Industrial exports (excluding diamonds) from Israel to the United States rose by 9% in the first three quarter of 2006, totaling approximately USD 1.9 billion
 
In a detailed report Artzi noted that during the first quarter the high-tech sector experienced a rise in export to the USA by 19% compared to the parallel period in 2005, amounting to approximately USD 1 billion.
 
Artzi also noted that the exports of basic metal exports as well as metal products increased by 16%, amounting to USD 117.5 million.
 
Artzi also pointed out that the exports of rubber and plastic products was down by 7%, amounting to USD 101.5 million.
 
The exports of food and beverages downed by 14%, amounting to USD 31 million.
 
A drop of 10% was also registered in the exports of chemicals and oil refining, amounting to USD 148 million and 15% was noted in the exports of textile, clothing and leather, amounting to USD 127 million.