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(From Israel Business Arena)
Byline: Hadas Manor
Industrial exports, excluding diamonds, grew 4% to $8.5 billion in April-July 2005, after falling 1.5% in the first quarter, the Manufacturers Association of Israel reported today.
The figures show that exports to the European Union (EU) were up 5.9% in dollar terms in April-July, after falling 1.1% in the first quarter; exports to the US rose 3.5% (down 3.9%), exports to Asia grew 1.1% (down 12.4%), and exports to the rest of the world fell 2.6% (down 1.1%).
A breakdown by sectors shows that exports by the medium-high technology sector (chemicals and refined oil products, excluding drugs, …