Israel Exports Up 11,250 Times Since First Independence Day

Agriculture at Kibbutz Ketura

Isaiah 34:17, And he hath cast the lot for them, and his hand hath divided it unto them by line: they shall possess it for ever, from generation to generation shall they dwell therein. Isaiah 35:1-2, The wilderness and the solitary place shall be glad for them; and the desert shall rejoice, and blossom as the rose. It shall blossom abundantly, and rejoice even with joy and singing: the glory of Lebanon shall be given unto it, the excellency of Carmel and Sharon, they shall see the glory of the LORD, and the excellency of our God.

In the short 62 years since Israel declared independence, the Jewish state’s exports have multiplied 11,250 times, according to a report by the Israel Export and Cooperation Institute.

Released ahead of Independence Day, the report stated that while exports totaled $6 million in 1948, they stood at $67.5 billion in 2009. The current export value has more than doubled since 1998, and is $6.5 billion less than the expected figure for 2010.

The report also shows that while Europe consumed about 70% of Israeli exports in the early years of the state, it now purchases just 32%. In 2009, North America bought 37% of the exports, and Asia 20%.

While Israel is still an exporter of diamonds and agricultural products such as the country’s popular oranges and other citrus, it now exports a tremendous amount of knowledge-based goods and services, with an emphasis on hi-tech.

http://www.kingdomwatchonline.org

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