Israel-China exports showing mixed returns |
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A report released by Israel’s Central Bureau of Statistics shows Israeli-Chinese exports rose by 14.3% in the third quarter of 2019, a sizeable surge when compared to third-quarter growth in 2018.
According to the data, Israeli exports to China totaled US$2.32 billion in July-September period this year, compared to US$2.03 billion in the same period in 2018. However, Israel’s overall exports to China from the beginning of 2019 fell by 15.3% year on year, from US$7.14 billion in January-September 2018 to US$6.05 billion in those months in 2019.
Conversely, Israeli imports from China during January-September 2019 totaled US$6.59 billiona decrease of 2.4% granted import values of US$6.75 billion in the first 9 months of 2018.
(Issue Dec 2019/ Jan 2020)
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