Israel Exports
Exports contribute around 40% of Israel's Gross Domestic Product (GDP). The most important exports from Israel are: cut and uncut diamonds, pearls, and other precious metals and stones (which account for 33% of total exports); electrical machinery and equipment, mechanical machinery and appliances, sound and television recorders and reproducers, and computer equipment (which account for 22% of total exports); and chemical products (which account for 11% of total exports). The most important export partners are the United States (which accounts for 28% of total exports) and Hong Kong (8%). Belgium, the United Kingdom, India, and China are among other export partners.
A higher than expected figure should be seen as positive (bullish) for the ILS while a lower than expected figure should be seen as negative (bearish) for the ILS.
