Industrial exports to US up 25%

IEI president Yechiel Assia estimated Israel's sales to the US would reach $9.35b. for the full year and that total industrial exports, excluding diamonds, should grow between 12% and 13% to $29b.

By AVI KRAWITZ
December 6, 2006 08:09

Industrial exports to the US, excluding diamonds, grew 24.5 percent to $7 billion in the first nine months of 2006 and is expected to continue at the same pace until year-end, the Israel Exports Institute said Tuesday. IEI president Yechiel Assia estimated Israel's sales to the US would reach $9.35b. for the full year and that total industrial exports, excluding diamonds, should grow between 12% and 13% to $29b. "Growth in the US came as a result of initiatives from the IEI to help exporters penetrate the market there," he said. Approximately 150 exporters attended some 12 different events in the US and 13 different delegations with 170 exporters visited the country, during the year, the IEI said.


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