ECONOMY
Wed 26 Apr 2023 12:44 pm - Jerusalem Time
"Statistics": the decrease in the value of the trade deficit by 41% during last February
A survey of the Central Statistical Organization, the results of which were distributed today, Wednesday, showed a decrease in the value of the deficit in the trade balance, which represents the difference between exports and imports, by 41% during the month of February, compared to the previous month, while it increased by 7% compared to February of the same year. In 2022, the deficit amounted to $497.2 million.
The "Statistics" stated that exports recorded a decrease during the observed month by 11% compared to the previous month, while it increased by 10% compared to the corresponding month of the year 2022, and its value amounted to 136.2 million US dollars.
He pointed out that exports to Israel decreased during the month of February by 10%, compared to the previous month, and exports to Israel accounted for 87% of the total value of exports for the month of February of 2023. Exports to the rest of the world also decreased by 18% compared to the previous month. the previous.
Imports decreased by 14% compared to January, while it increased by 7% compared to February 2022, with a value of $633.4 million.
Imports from Israel decreased last February by 13% compared to the previous month, and imports from Israel accounted for 60% of the total value of imports for February of 2023. Imports from the rest of the world also decreased by 15%.
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"Statistics": the decrease in the value of the trade deficit by 41% during last February