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Israel Reports Considerable Excess of Imports over Exports

December 1, 1953
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Israel imported goods worth 211,000,000 pounds during the last nine months, Moshe Bartur, director of the Foreign Trade Division of the Foreign Ministry, told a press conference here today. Exports for the same period amounted to $45,000,000 pounds.

Israel will sell 6,000,000 cases of citrus fruits to nine European nations this year, an increase of 1,500,000 cases over last year, Yehuda Chorin, member of the Citrus Marketing Board, announced here today. Mr. Chorin said that despite a ten percent drop in the price of citrus fruit on the European market–chiefly due to a heavy, 30,000,000 case crop from Spain–this year’s crop would bring Israel an income of $20,000,000 over and above packing and shipping costs.

He also revealed that an agreement has been reached with West Germany for the sale of 500,000 cases of fruits, but that it still awaits formal action by the two governments. Some 20,000 tons of citrus products will be sold to the Soviet Union, he said.

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