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Israeli exports have decreased in 2015 by 5%, exports of high-tech grew

According to the preliminary data of the Institute of export, in 2015 the export of goods and services from Israel amounted to 92 billion dollars, which is 7% lower than in 2014.

Exports of goods and services net of polished diamonds and start-up companies amounted to 84 billion dollars, which is 5% lower than 2014.

Exports of goods declined compared with last year by 10% and amounted to 57.5 billion. Exports of goods excluding diamonds declined by 7.5% to $ 50 billion. The export of polished diamonds decreased by 25% and amounted to about $ 7 billion.

Services exports decreased by 3% to 34.5 billion dollars.

The export of Israeli high-tech sector increased compared with the previous year by 5% to 37.5 billion dollars. The reason for the growth was the increased demand for high-tech Israeli products (11% growth to 23.5 billion), while demand for Israeli high-tech services decreased by 3% to 14 billion dollars.

In total, the share of high technologies in Israeli exports is 41%.

The volume of exports to the US virtually unchanged compared with last year, while exports to the EU decreased by 11% and exports to the Far East and Southeast Asia increased by 16% (primarily due to a sharp increase in exports to Vietnam).

Exports to Latin America declined 28% because of the crisis in Brazil and Mexico. Exports to Africa fell by 25%.

Israeli exports have decreased in 2015 by 5%, exports of high-tech grew 29.12.2015

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