Israel posted a slight increase in industrial exports in the second quarter of 2009 due to an 11 percent jump in high-tech exports, including a 66 percent surge in electronic component exports, according to Manufacturers Association of Israel Economics Division director Ruby Ginel. While most sectors fell, Intel Israel led a rebound in electronics exports.
"Intel Israel lifted export figures, as expected, but most industrial exports are still in retreat. Industrial exports rose by 0.5 percent in the second quarter of 2009 in real terms to $8.4 billion, but if electronics components exports are excluded, other industrial exports fell by nearly 4 percent,” said Ginel. "Despite the slight increase, between the outbreak of the crisis in September 2008 and June 2009, lost exports total more $6 billion."