Israel’s exports, which have registered low figures for a long period, increased by 12 percent in April and May, largely due to a rise in military exports, according to the Central Bureau of Statistics.
Exports totaled $1.6 billion in the first five months of 1985 as compared to $1.5 billion during the same period last year. The figure for May was $503 million.
The largest increases were recorded in optical and precision instruments, metallurgics, machinery and electronics. However, it is not certain whether the increased exports will improve Israel’s balance of trade, since imports also increased in May.
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