Israel Economy

Israel – EconomyKenya

2004 2014 % change

GDP (B$) 134 304 127%

Business Product (B$) 100 226 126%

Private Consumption (B$)

73 173 125%

Product Per Capita (PPP)

19,603$ 37,038$ 89%

The Israeli economy in the last decade

Source: CBS and Central bank of Israel, OECD

Sustaining the stability

2010 2011 2012 2013 2014

Inflation (%) 2.7 2.2 1.6 1.8 -0.2

Interest Rate (% end) 2.0 2.75 2.0 1.0 0.25

Exchange rate (end year) New Israeli Shekel / $

3.55 3.82 3.73 3.47 3.89

New Israeli Shekel / € 4.74 4.94 4.92 4.78 4.72

Unemployment rate 6.6 6.8 (*) 6.9 (*) 6.2 5.6

(*) After new valuation according to OECD

2010(%)

2011(%)

2012(%)

2013(%)

2014(%)

Debt to GDP 71.0 69.6 68.3 67.6 67.5

External Debt to GDP 13.1 12.9 11.5 10.3 10.9

Local Debt to GDP 57.9 56.7 56.8 57.3 56.6

Budget Deficit (%GDP) -3.0 -2.0 -3.7 -3.1 -2.6

Sustaining the stability etc.

Source: CBS and Central bank of Israel

Import¹ of goods by Major Countries 2014

Source: Central bureau of statistics

100%=72.3B$

¹ Including Diamonds, excluding defense imports and imports from the Palestinian Authority

Europe, 46%Asia, 23%

USA, 12%

Others, 19%

Export¹ of goods by Major Countries 2014

¹ Including DiamondsSource: Central bureau of statistics

100%=69B$

Europe36%Asia

25%

USA27%

Others12%

Major Industries

Traditional Industries: Diamonds Automotive machinery Food Processing Chemicals Plastics Agricultural machinery

Advanced Industries: Pharmaceutical Homeland Security Electro-optics Electronics Medical diagnostics Biotechnology Hi Tech: Computers,

Software & Internet

1985

1992

1997

1997

European Union (Association Agreement)

USA

EFTA

Canada

Turkey

Mexico1999

2000

Israel’s trading relationshipsAs a whole, the EU is Israel’s largest

trading partner, though the U.S. is the largest single country.

Israel pursues FTAs and international economic cooperation, and joined the OECD in 2010.

Israel is diversifying its trading relationships with by emphasizing trade with China, Brazil and India.

Mercosur2010

Kenya – Israel Trade (M$)

Import

Export

Including DiamondsSource: Central bureau of statistics

1312221919

63

86

117

6249

Import of goods from Kenya to Israel 2014

83% Fish

4% Fruits and nuts

2% Coffee, tea

4% Manufacture of straw

7% Other

100% = $13M

Export of goods from Israel to Kenya 2014

31% Machinery, electrical equipment

25% Plastics

21% Chemicals

8% Metals

4% Vehicles, transport equipment

11% Other

100% = $62.8M