The volume of goods exports was 1.5 percent larger in May than in the same month a year earlier. The growth is greater than in the previous month. This is evident from the latest figures from the Central Bureau of Statistics (CBS).

In May 2019, exports of machines and chemical products in particular grew. On the other hand, the export of electrical equipment again shrank. The volume of imports was 3.0 percent higher in May than a year earlier.

According to the CBS, the growth of imports and exports is being depressed by a company that has moved part of its activities to another country from October 2018. Which company is not mentioned. According to the CBS Export Radar, the conditions for export in July 2019 are less favorable than in May.

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