Israel again recorded an adverse trade balance for the first half of the current year, an imbalance of $120,000,000. But the total was $44,000,000 less than the deficit in the corresponding period last year, according to official statistics published here today.
The improvement in the trade balance resulted from a $50,000,000 increase in net exports, for a total of $200,000,000. Net imports in the same period rose slightly from $316,000,000 to $320,000,000.
A major share of income from the increased exports- $23,000,000 came from a larger crop and higher prices for Israel’s citrus exports. Diamond experts were up by $15,000,000; and other industrial exports rose by $17,000,000. Exports of eggs, cotton and peanuts dropped during the six-month period.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
