Daily Israel Report
13:02
Reported

News Brief

  1/2/2013, Tevet 20, 5773

Israeli Exports Down in 2012


Data from Israel’s Exports Institute released Wednesday showed that Israel exported $90 billion in goods and services in 2012, a 1% drop from 2011. In 2010, exports grew by 19%.

Experts explained that the 2012 decreased was caused by a variety of factors, including the economic crisis in Europe, the slow recovery of the American economy, and slower economic growth in Asia.