strsubcodechain Israel International Trade - Data and Methods
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Subjects > International Trade > Israel

Country: ISRAEL
Subject: International Trade

Direct source
Central Bureau of Statistics
Related Links: Central Bureau of Statistics

Key statistical concept
Imports and exports are recorded according to the "Special System", by which only that portion of the trade flowing through customs is included. Accordingly, imports do not include goods imported and stored in bonded warehouses, and exports do not include goods exported from these warehouses. Neither included are goods in transit.

Foreign trade statistics include, among others, the following goods and business activities:
a. Personal import and export: personal effects of immigrants, seamen, returning residents and foreign diplomats (import) and of emigrants (export).

b. Ships and aircraft are included in import and export data whether they have passed through Customs or not. Imports include ships purchased from abroad by Israeli companies and sailing under Israeli flag or a foreign flag. It should be noted that ships and aircraft do not undergo the procedure of passing through Customs.

Exports include ships and aircraft, which were produced in Israel and those, which were previously purchased and later resold abroad in the reporting period.

c. Products for exhibitions and fairs are, in principle, included in foreign trade data only if they were sold or given away free of charge. Returns from exhibitions are not included in foreign trade but there are difficulties in identifying these flows.

d. Equipment imported or exported on a lease basis (e.g., electronic computers and other data processing equipment).
e. Gold and silver (non-monetary), both in processed or partly processed form, scrap and remnants intended for industry, smelting or medical use.

f. Fuel and food supplied to foreign ships and aircraft in Israeli ports are included in export since 1969, even though they did not pass through Customs.

Special transactions and commodities not included in foreign trade statistics:
a. The trade data do not include the transactions with the residents of the Palestinian Authority. The data also do not include the value of the import and export commodities, which were released by the Israeli customs and belong to the residents of the Palestinian Authority. Data regarding the trade with residents of the Palestinian Authority is published in the balance of payments.

b. Commodities imported or exported for a limited period of time and returned without having undergone any processing, e.g. personal effects of tourists (including cars); goods intended for exhibitions, fairs, displays, etc.; commodities intended for temporary storage only; equipment sent to perform contract work and returned after use.

c. Effects purchased by tourists in Israel or by Israelis abroad. An estimate of the value of these purchases is included in the account of services in the Balance of Payments. In cases where duty has been charged on goods purchased by Israeli tourists, the goods were included in total imports.

d. Engines and parts of aircraft sent by local airlines to their branches or representatives abroad for replacement or repairs and those sent to Israel from branches abroad for repairs or replacement.

e. Fish caught by Israeli fishing vessels.

f. Monetary gold, securities and legal tender (notes and coins) or currency about to be made legal tender (local currency notes printed abroad are recorded according to the value of the printers and not according to face value).

g. Fuel and food supplied to Israeli ships and aircraft in foreign ports (recorded in Balance of Payments as services).

h. Ballast and dunnage supplied to foreign ships in Israeli ports and to Israeli ships in foreign ports.

i. Imported military equipment and weapons (estimated value is included in the commodities account in the Balance of Payments). The flow is not included in the import of goods because it does not undergo the usual procedure of passing through customs.

Values below the customs threshold are not included in the statistics. The imports threshold is US$ 50 and the exports threshold is US$ 100.

The date of statistical registration of the import is the date of the release of the goods by the Customs authorities, whereas for exports it is the date of loading the goods on the ship.

Data on import of fuel include crude oil and petroleum products such as residual fuel oil, gasoline and coal and its by-products.

An important portion of the fresh agriculture exports is carried out by the consignment method. After the sales the data are revised according to the actual revenue based on reports submitted to the CBS by different companies.

Diamond imports are recorded until 31 December 1982 according to administrative summaries and since 1 January 1983 - according to the system of all imports. The change in the recording system was applied on 1 August 1982.

Data on the import and export of commodities are published according to countries, blocs, regions and continents. The countries within the group are arranged alphabetically according to the Hebrew name of the country within the group.

Seasonal adjustment
Monthly time series are seasonally adjusted by OECD using the TRAMO-SEATS method.