Israel exports during the first six months of 1954 rose by some 50 percent ever the same period of 1953, it was reported here today by Barclay’s Bank Overseas Review, a leading British economic report. The increase was of some 7, 000, 000 Israel pounds, bringing the total for the six months to nearly 19,750, 000 pounds, Imports also rose by 2,500,000 pounds to a total of 52,000,000 pounds.
The review said that Israel’s imports came in large measure from the United States, 28. 3 percent of the total, Germany, 15 percent, and Britain, 10. 3 percent. Israel’s best customer was Britain, which took 29.7 percent of Israelis exports, followed by the U.S., 12. percent, and Turkey, 10, 8 percent. Israel’s most important imports during the period were machinery and wheat,
The review noted that Israel had trade pacts with 11 countries: Denmark, Finland, France, Holland, Hungary, Iceland, Italy, Norway, Poland, Turkey and Yugoslavia.
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