CBS: increase in exports in 2006

Exports of goods from Israel grew by US$3.7 billion. Exports to the US were up an annualized 13% in the fourth quarter of 2006, after rising 22% in the third quarter
 
Central Bureau of Statistics (CBS ) data revealed last week showed that in 2006 exports of goods from Israel grew by US$3.7 billion, an increase of 8.6%. Total exports amounted to $46.4 billion, versus imports of $47.8 billion.
 
The major share of the export growth, 64%, involved exports to the U.S. Exports to Asia accounted for 23% of the increase, while exports to Europe followed with 12% growth.
 
Exports to the US were up an annualized 13% in the fourth quarter of 2006, after rising 22% in the third quarter. Imports from the US rose by an annualized 12% in the fourth quarter, after rising 27% in the third quarter.
 
Exports to the EU were up by an annualized 4% in the fourth quarter, after rising 10% in the third quarter. Imports from the EU rose by an annualized 3% in the fourth quarter, after rising 7% in the third quarter.  
 
Exports to Asia rose by an annualized 2% in the fourth quarter, after rising 11% in the third quarter. Imports from Asia rose by an annualized 27% in the fourth quarter, after rising 19% in the third quarter. 
 

Exports to the rest of the world rose by an annualized 7% in the fourth quarter while imports fell by an annualized 6%.