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Israel’s Foreign Trade Deficit Rises by $265 Million for First 6 Months of 1968

September 20, 1968
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Israel’s foreign trade deficit rose by $265 million in the first six months of 1968, double the rise in deficit for the corresponding period last year, it was reported here today. The main cause for the rise was a 42 percent rise in imports compared to only a 16 percent rise in exports. Economic sources said however that much of the imports were of investment goods which reflected an upswing in the country’s economy.

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