State of Israel
Media Release
[email protected] www.cbs.gov.il Fax: 02-6521340
_____________________________________________________________________________________________________________________
Previous Press Release appeared on July 05, 2016.
Jerusalem, 28 June 2017
185/2017
Israel’s Trade Balance of Manufacturing Exports and Imports
by Technological Intensity, 2016
In 2016

The trade deficit of goods in manufacturing industries (excluding diamonds) totaled 8.7
billion dollars, compared with 2.3 billion dollars in 2015. This is the largest trade deficit since
2010.

The trade deficit of goods in the manufacturing of medium-high technology industries totaled
9.3 billion dollars, compared to 4.0 billion dollars in 2015. Again, this is the highest trade
deficit since 2010.

The trade surplus of goods in the manufacturing of high technology industries totaled 8.9
billion dollars, a 15% decrease compared with 2015. This decrease was due mainly to a
decrease in the exports of the "manufacture of computers, electronic and optical products"
industry.
Tables
Export and import data are presented by industry of origin, which is the economic sector to which the
product belongs based on its characteristics. The division of the goods into industries was done based on
their description according to the Standard Industrial Classification of All Economic Activities 20111.
1
Standard Industrial Classification of All Economic Activities 2011, Central Bureau of Statistics
Written by Shimon Vinokur and Yaron Marcus- Foreign Trade Sector
For explanations and clarifications regarding the contents of this press release,
Please contact the Press Relations Unit, at 02-652 7845
Imports of Goods by Technological Intensity
In
2016,
the
manufacturing
imports
of
industries
goods
in
Distribution of Manufacturing Imports, by Technological Intensity
(excluding
16.6%
18.1%
18.8%
19.2%
18.4%
22.7%
21.5%
19.3%
17.3%
15.6%
39.4%
38.2%
38.9%
38.1%
42.5%
manufacturing imports. The share of
21.3%
22.2%
23.0%
25.3%
23.5%
imports in the high technology industries in
2 2
diamonds)
totaled
52.2
billion
dollars
(compared with 47.3 billion dollars in 2015).
A breakdown of manufactured imports by
technological intensity shows that the share
of imports in the medium-high technology
industries in 2016 was 42.5% of all
2
2
Low-technology industries
Medium-high technology industries
2016 was 23.5% of all manufacturing
2
2
Medium-low-technology industries
High-technology industries
imports.
Imports of high technology industries totaled, in 2016, 12.2 billion dollars, an increase of 2.2% compared
with 2015.
Manufacturing Imports, by Technological Intensity
24,000
21,000
Million $
18,000
15,000
12,000
9,000
6,000
2
2
2
High-technology industries
Medium-low-technology industries
2
2
2
Medium-high technology industries
Low-technology industries
Imports of medium-high technology industries totaled 22.2 billion dollars in 2016, an increase of 23.0%
compared with 2015. Imports in the "manufacture of motor vehicles, trailers and semi-trailers" industry and
the "manufacture of machinery and equipment n.e.c" industry increased in 2016 by 45.1% and 46.4
respectively compared with 2015. Imports of goods in the "manufacture of chemicals and chemical
products" industry decreased by 5.0%.
Imports of medium-low technology industries totaled in 2016, 8.2 billion dollars, a decrease of 0.4%
compared to 2015.
Israel’s Balance of Manufacturing Exports and Imports by Technological Intensity, 2016
28/06/2017
2
Imports of low technology industries totaled in 2016, 9.6 billion dollars, an increase of 5.7% compared
with 2015.
Imports of Goods by Technological Intensity – Main Countries in 2016
Imports of high technology industries
from
the
USA
manufacturing
were
40.5%
imports
of
all
Distribution of Manufacturing Imports, by Technological
Intensity - Main Countries
100%
(excluding
diamonds) from this country. Imports of
medium-high technology industries from
80%
60%
Germany and Belgium were 59.9% and
60.6%
of
all
manufacturing
imports
(excluding diamonds) from their countries
respectively. Imports of medium-low
40%
20%
0%
technology industries from Switzerland
were 30.2% of all manufacturing imports
USA
China
Switzerland
High-technology industries
Medium-low-technology industries
Germany
Belgium
Medium-high technology industries
Low-technology industries
(excluding diamonds) from this country.
Imports of low technology industries from China were 31.3% of all manufacturing imports (excluding
diamonds) from this country.
Exports of Goods by Technological Intensity
In 2016, manufacturing exports (excluding
diamonds) totaled 43.5 billion dollars
(45.0 billion dollars in 2015).
Distribution of Manufacturing Exports, by Technological Intensity
6.8%
6.3%
6.7%
6.7%
7.0%
13.6%
13.1%
13.9%
12.3%
14.9%
34.9%
36.9%
37.0%
31.2%
29.6%
44.7%
43.7%
42.4%
49.9%
48.5%
A breakdown of manufacturing exports by
technological intensity shows that the
share of high technology industries in
2016 was 48.5% of all manufacturing
exports, a decrease of 1.4% compared
with 2015. The share of medium-high
technology industries was 29.6% in 2016,
a decrease of 1.6% compared to 2015.
2 2
2
Low-technology industries
Medium-high technology industries
2
2
2
Medium-low-technology industries
High-technology industries
Exports of high technology industries totaled in 2016, 21.1 billion dollars, a decrease of 6.0% compared
with 2015. The main decrease was recorded in exports of the "manufacture of computers, electronic and
optical products" industry which decreased by 9.0%.
Israel’s Balance of Manufacturing Exports and Imports by Technological Intensity, 2016
28/06/2017
3
Manufacturing Exports, by Technological Intensity
24,000
20,000
Million $
16,000
12,000
8,000
4,000
0
2
2
2
2
High-technology industries
Medium-low-technology industries
2
2
Medium-high technology industries
Low-technology industries
Exports of medium-high technology industries totaled in 2016, 12.9 billion dollars, compared with 14.0
billion dollars in 2015. This decrease was due mainly to a decrease in the exports in the "manufacture of
chemicals and chemicals products" industry, which decreased by 13.9%.
Exports of medium-low technology industries increased in 2016 by 17.1% and totaled 6.5 billion dollars.
The main increase was recorded in exports of the "manufacture of fabricated metal products, except
machinery and equipment" industry which increased by 26.6%.
Exports of low technology industries increased in 2016 by 1.8% compared with the previous year and
totaled 3.1 billion dollars.
Exports of Goods by Technological Intensity – Main Countries in 2016
Exports of high technology industries to
United Kingdom were 77.1% of the total
manufacturing
exports
(excluding
100%
Distribution of Manufacturing Exports, by Technological
Intensity - Main Countries
80%
diamonds) to this country.
Exports of high technology industries to
60%
high
40%
technology industries to the USA were
20%
China
were 68.5%, exports of
55.1% and exports of high technology to
Hong Kong were 49.1%.
0%
Belgium
United Kingdom
Hong Kong
China
USA
High-technology industries
Medium-high technology industries
Medium-low-technology industries
Low-technology industries
Israel’s Balance of Manufacturing Exports and Imports by Technological Intensity, 2016
28/06/2017
4
The Trade Balance by Technological Intensity
In 2016, the trade deficit of goods in manufacturing industries (excluding diamonds) was 8.7 billion dollars,
compared with 2.3 billion dollars in 20152.
In 2016, the trade surplus of high technology industries decreased to 8.9 billion dollars, compared with
10.5 billion dollars in 2015 (a 15.4% decrease). The largest surplus was recorded in the "manufacture of
pharmaceutical products" industry (4.7 billion dollars), with a 2.3% increase compared with 2015. The
surplus in this industry represented 52.7% of the total surplus that was recorded in the trade balance of the
high technology industries.
Balance of Manufacturing Exports and Imports, by Technological Intensity
14,000
10,500
Million $
7,000
3,500
0
-3,500
-7,000
-10,500
2
2
2
2
High-technology industries
Medium-low-technology industries
2
2
Medium-high technology industries
Low-technology industries
In medium-high technology industries the trade in goods deficit increased from 4.0 billion dollars in 2015
to 9.3 billion dollars in 2016. This increase is due mainly to the increase in the trade deficit in the
"manufacture of machinery and equipment n.e.c." and the "manufacture of motor vehicles, trailers and
semi-trailers" industries which increased by 205.8% and 47.9% respectively compared with 2015.
In medium-low technology industries the trade deficit amounted to 1.7 billion dollars in 2016, a decrease
of 37.2% compared with 2015. This decrease is due mainly to the decrease in the trade deficit in the
"manufacture of refined petroleum products" industry (29.2%).
In low technology industries the trade deficit totaled 6.6 billion dollars, an increase of 7.7% compared
with 2015. The trade deficit in the "manufacture of food products" and the "manufacture of wearing apparel"
industries totaled 2.2 and 1.5 billion dollars respectively in 2016.
Export price indices by technological intensity were published on the media release:
"Foreign Trade Price Indices - Goods - 2016".
Related links and publications
2
Definitions and Explanations
It should be noted that the data exclude trade between Israel and the Palestinian Authority. Also, the data exclude imports and exports of services
(including software services). Data regarding total exports and imports of goods and services are published quarterly in the balance of payments.
Israel’s Balance of Manufacturing Exports and Imports by Technological Intensity, 2016
28/06/2017
5