The Financial Times reported today that Israel has become the largest single market for West German goods in the Middle East. The paper said that Israel’s trade with West Germany has grown spectacularly in the past decade, especially since the Six-Day War. It reached a volume of $190 million in 1968.
West German exports to Israel increased from $63 million in 1967 to $120 million in 1968, a rise of 90 percent compared to a rise of 76 percent in British exports to Israel in the same period. Overall British-Israel trade was higher, however, totalling $209 million in 1968. In contrast, West German sales to Egypt in 1968 totalled only $60 million, to Lebanon $51 million, to Syria $22 million and to Jordan $15 million, the Financial Times said.
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