Israel exports to China down 29.3 pct in Q3, imports up 9.5 pct: report

Source: Xinhua| 2018-10-18 23:20:34|Editor: Mu Xuequan
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JERUSALEM, Oct. 18 (Xinhua) -- Israeli exports to China fell by 29.3 percent in the third quarter of 2018, compared with the second quarter of the year, according to foreign trade in goods report released Thursday by the state's Central Bureau of Statistics.

According to the report, in July-September 2018 Israeli exports to China totaled 849.4 million U.S. dollars, compared to 1.2 billion U.S. dollars in the second quarter.

On the other hand, in January-September there was a large increase of 58.1 percent in Israeli exports to China compared to the first nine months of 2017, from 2.36 billion U.S. dollars to 3.73 billion U.S. dollars.

In September, Israeli exports to China totaled 212.8 million U.S. dollars, down 27 percent from August.

According to the report, Israel's imports from China have increased by 9.5 percent, from 1.76 billion U.S. dollars in the second quarter to 1.93 billion U.S. dollars in July-September.

In the first nine months of the year, Israeli imports from China totaled 5.39 billion U.S. dollars, compared with 4.98 billion U.S. dollars in the corresponding period in 2017, an increase of 8.2 percent.

In September, Israeli imports from China totaled about half a billion dollars, compared with 711.9 million U.S. dollars in August, a decline of about 30 percent.

Israel's total exports worldwide amounted to 46.2 billion U.S. dollars in the first nine months of the year, compared with 45.8 billion U.S. dollars in January-September 2017, a slight increase of 0.87 percent.

Israel's total imports in 2018 rose 18 percent to 59.7 billion U.S. dollars, compared to 50.4 billion U.S. dollars in the first nine months of 2017.

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