CBS: Trade deficit in January-February up 88%

The Central Bureau of Statistics (CBS) reported last week that due to a 50% rise in fuel and energy imports, Israel’s trade deficit in January-February rose by 88%, to $1.2 billion, compared with $800 million in the corresponding months of 2005
 
According to the CBS Israel’s trade deficit in January-February rose by $794 million, to $1.69 billion, compared with $899 million in January-February last year.
 
Imports rose by 10% to $7.55 billion while export of goods fell by 2% in January-February to $5.86 billion.
 
Israel’s trade deficit in February totaled $744 million, 50% more than in February 2005.
Imports in February totaled $3.65 billion and exports totaled $2.9 billion.
 
Agricultural exports totaled $235 million in January-February, 8.7% less than in the corresponding period of last year.