Israel Export Institute reveals exports to European Union totaled $1.9 billion in July-Aug 2012 – down 21% from last year, but Israeli exports to US up 16%
By Hadar Kane, Calcalist
Exports to the European Union totaled $1.9 billion in July and August 2012, a 21% drop compared to the same period last year and an 8% drop compared to the two previous months, according to an analysis of the economics division at the Israel Export & International Cooperation Institute (IEICI).

US passes EU in Israeli export volumes – Photo: Index Open
The analysis reveals that the export of goods (excluding diamonds) totaled some $7.7 billion in July-August 2012 – a 3.5% drop compared to the same period last year and a 6% increase compared to May-June 2012. Continue Reading »












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