CBS: 2006 - trade deficit $7.9 billion, same as in 2005

Imports in 2006 totaled $47.2 billion, up 6.2% compared to 2005, while exports rose 7.5% to $39.4 billion. Industrial exports rose by 15% to $29.1 billion
 
The Central Bureau of Statistics (CBS) reported last week that Israel’s trade deficit totaled $7.9 billion in 2006, the same as in 2005.
 
In a detailed analysis of Israel's economic performance the CBS noted that excluding diamonds, fuel, ships and planes, the 2006 trade deficit fell by 57%.
 
Imports in 2006 totaled $47.2 billion, up 6.2% compared to 2005, while exports rose 7.5% to $39.4 billion.
 
The analysis of 2006 figures show that: Industrial exports rose by 15% to $29.1 billion; High-tech exports increased by 20%; Pharmaceutical exports led by Teva pharmaceutical industries Ltd. have almost tripled since 2004, Agriculture exports were unchanged at $1 billion; Exports of goods, excluding ships, planes and diamonds was up by 14.4%, or $3.8 billion, compared with 2005.