Israel’s foreign trade balance in the first nine months of 1956 chalked up a deficit of nearly 351,000,000 Israeli pounds, according to official statistics issued by the government here today.
However, much of the deficit was due to the governments stockpiling of foods and Diner consumer goods. The figures must not be regarded as reflecting a worsening of the country’s trade balance, economic experts here warned. Imports for the first three-fourths of 956 totalled 493,700,000 Israeli pounds ($271,535,000), while exports from this country totalled 142,800,000 Israeli pounds ($78,540, 000).
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