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BDO Israel<br />
DOING BUSINESS IN ISRAEL<br />
The import of goods totaled $50.7 billion in 2010, compared to $42.03 billion<br />
in exports. Total trade deficit (excluding diamonds) totaled $8.7 billion, in<br />
comparison to $5.9 billion in 2009. 36.21% of goods exported (excluding<br />
diamonds) was directed to the EU countries, 27.8% to the U.S. and 19.94% to<br />
Asia. Development of trade in goods in 2010, compared with 2009, was<br />
influenced mainly by the changes in prices which continued throughout 2010,<br />
as well as by changes in the value of the dollar against other currencies in<br />
which import and export transactions are conducted.<br />
The anticipated incoming tourism for 2010 has increased by 26% in<br />
comparison to the previous year.<br />
The table below illustrates tourist traffic to Israel in recent years:<br />
INCOMING TOURISTS<br />
Year Thousands<br />
2000 2,672<br />
2001 1,219<br />
2002 862<br />
2003 1,063<br />
2004 1,506<br />
2005 1,916<br />
2006 1,834<br />
2007 2,294<br />
2008 3,034<br />
2009 2,740<br />
2010 3,450<br />
Source: Central Bureau of Statistics Israel, Arrivals and Departures of Israelis and visitors<br />
from abroad, 2010.<br />
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