Transcript w**** _x000d_ **** 2015

Israel – Economy
Kenya
Israel Economy
The Israeli economy in the last decade
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%
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
Sustaining the stability etc.
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
Source: CBS and Central bank of Israel
Import¹ of goods by Major Countries 2014
100%=72.3B$
Others, 19%
USA, 12%
Asia, 23%
Europe, 46%
¹ Including Diamonds, excluding defense imports and imports from the Palestinian Authority
Source: Central bureau of statistics
Export¹ of goods by Major Countries 2014
100%=69B$
USA
27%
Asia
25%
¹ Including Diamonds
Source: Central bureau of statistics
Others
12%
Europe
36%
Major Industries
Traditional Industries:
Advanced Industries:
 Diamonds
 Automotive machinery
 Food Processing
 Chemicals
 Plastics
 Agricultural machinery
 Pharmaceutical
 Homeland Security
 Electro-optics
 Electronics
 Medical diagnostics
 Biotechnology
 Hi Tech: Computers,
Software & Internet
Israel’s trading relationships
1985
USA
1992
EFTA
1997
Turkey
1997
Canada
1999
Mexico
2000
European Union
(Association Agreement)
2010
Mercosur
As 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.
Kenya – Israel Trade (M$)
117
Import
Export
86
62
63
49
19
Including Diamonds
Source: Central bureau of statistics
19
22
12
13
Import of goods from Kenya to Israel 2014
100% = $13M
Fish
83%
Fruits and nuts
4%
Coffee, tea
2%
Manufacture of straw
4%
Other
7%
Export of goods from Israel to Kenya 2014
100% = $62.8M
Machinery, electrical equipment
31%
Plastics
25%
Chemicals
21%
Metals
8%
Vehicles, transport equipment
4%
Other
11%