Diamonds glitter as textile, clothing & footwear fall on export front
11 Nov '05
1 min read
Industrial exports, apart from diamonds, deteriorated 2% to $6.3 billion in the Q3, in comparison with Q2.
According Manufacturers Association of Israel, most of the decline was contributed to a 4% drop in high-tech exports in real terms. This drop amounted to $2.9 billion.
These were compensated by a 7% increase in exports of transportation equipment and a sharp 24.5% growth in drug exports, which have gone up for five quarters in a row.
Exports of low-tech industries (food and beverages, textiles, clothing and leather, wood and furniture, and paper and printing) were decreased by 2%.
marketing@alchempro.com
