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Israeli Trade Deficit Soars

February 13, 1996
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Israel’s trade deficit reached one of its highest levels ever in January, with imports exceeding exports by more than $1 billion.

The Central Bureau of Statistics said this week that imports last month totaled $2.6 billion and exports about $1.6 billion.

The deficit was 10 percent higher than the same period a year ago.

The 1995 trade deficit totaled a record $10.2 billion.

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