South Korea leads Israel's exports in July

Statistical analysis published last week by the economic department ofthe Israel Export and International Cooperation Instituteshows that South Koreais a clear leader, in terms of growth, among Israel's export markets in July 2006.

According to the analysis, Israel's exports growth rate to South Koreawas 55% compared with the corresponding month last year. Total exports to South Korea, in July, wasUS$48 million.

The analysis which aimed at studying export trends and growth trends, covered Israeli exports, excluding diamonds, to 27 foreign markets which annually import Israeli made goods, valued over US$10 million.

Mr. David Arzi, chairman of the Israel Export and International Cooperation Institute issued a press release indicating that France was the runner up with export growth rate of 46% ( US$77milion ) compared with the corresponding month last year, India in the third place with export growth rate of 43% (US$25million), Taiwan in the forth place with 37% growth rate ( US$52 million) and Russia in the fifth place with 33% growth rate totaled US$43million.