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      Archive: 1/2/2013
      13:02
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      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.