Exports to Asia up 12.5% in H1

IEI said it expects exports to reach $4.4b. by the end of the year, representing a 10% increase over 2005.

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arrow up green 88
(photo credit: )
Industrial exports to Asia (excluding diamonds) grew to $2 billion in the first half of 2006, some 12.5 percent higher than the parallel period last year, the Israel Exports Institute said Sunday. IEI said it expects exports to reach $4.4b. by the end of the year, representing a 10% increase over 2005. The sharpest rise of 349% came in exports to Uzbekistan, which climbed to $7m., mainly in telecommunications and agriculture products, while other significant growth points were a 16.5% rise in exports to Hong Kong, 22% growth to Singapore, 24% to China and 22% higher sales to Japan.