Israel had an unfavorable balance of trade with Turkey last year, it was reported here today by the trade authorities. Israel exported to Turkey less than $250,000 worth of goods in 1950, while it purchased from Turkey over ten times as much as it sold.
This year the balance of trade is swinging back in a more favorable direction. March of this year was a record month for Israel trade with Turkey. The first shipments of Philco refrigerators and Kaiser-Frazer autos assembled in Israel have arrived, as well as a variety of other products.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.