Statistics
Annual Report: No. 25 Israel- building new trade lanes
June 16th, 2006
Jets and aircraft parts helped shape Georgia’s trade with Israel.
Georgia is working – successfully – to boost trade and investment with Israel.
The bilateral trade rose 11 percent to nearly $572 million in 2005, largely as a result of a 19 percent jump in Georgia’s imports from Israel, which topped $337 million.
| Rank | Top Georgia Imports from Israel | Value | Change |
|---|---|---|---|
| Total all commodities | $337,330,317.00 | 18.50% | |
| 1 | Medical instruments for surgeons, dentists, vets | $59,715,073.00 | 8.60% |
| 2 | Heterocyclic chemical compounds | $19,839,933.00 | 0.70% |
| 3 | Prefabricated buildings | $19,632,824.00 | 43.10% |
| 4 | Misc. plastic articles | $15,368,251.00 | 2.50% |
| 5 | Aircraft parts | $13,621,437.00 | 962.20% |
Georgia is betting that last year’s trade mission by Gov. Sonny Perdue will boost the commercial exchange even more this year and next. Atlanta-based software company Click Fox is already opening an R&D facility in Kfar Saba. And Israel’s Veritas Venture Partners, with an office in Alpharetta, said it is investing in Asankya, a Georgia Tech startup firm.
Israel technology firms dbMotion and Resolute Networks use Georgia for their U.S. headquarters. In total, more than 40 Israeli companies have opened U.S. or regional offices in the state.
The aviation industry played a key role in Georgia-Israel trade. Although aircraft parts were only the fifth most important import from Israel, they gained the most, climbing to $13.6 million. That’s an increase of more than 962 percent when compared with 2004.
Aircraft parts, as well as jets, also appeared on Georgia’s export roster. Aircraft exports reached nearly $42 million, making them the top commodity that Georgia shipped to Israel. Regional jet part exports, meanwhile, neared $18 million. That was a 70.5 percent drop from 2004. Exports of other aircraft parts added nearly $7 million to the trade total.
| Rank | Top Georgia exports to Israel | Value | Change |
|---|---|---|---|
| Total all commodities | $234,264,151.00 | 1.80% | |
| 1 | Aircraft | $41,692,853.00 | #DIV/0! |
| 2 | Chemical woodpulp | $27,201,950.00 | 65.10% |
| 3 | Tantalum; waste and scrap | $24,340,859.00 | #DIV/0! |
| 4 | Cigars, cigarettes | $18,429,647.00 | -52.80% |
| 5 | Regional jet parts | $17,927,970.00 | -70.50% |
While Georgia’s imports from Israel posted double-digit gains, its exports rose less than 2 percent, ending the year at $234 million.
Georgia cracks Top 10 for first time in modern era, slips past Buffalo (02/13/2007)
Georgia to make a run at Buffalo for Top 10 ranking (01/25/2007)
Georgia's trade with China blasts ahead (12/11/2006)
Georgia's LatAm trade increasing with Brazil, Mexico, Trinidad (11/01/2006)
Six-month report: Trade is up but volatility abounds (09/08/2006)
Annual Report: No. 24 Switzerland- Swiss-bound exports take off (09/06/2006)
Annual Report: No. 13 Singapore- Free trade pact pays off (07/20/2006)
Annual Report: No. 18 Indonesia- Tapping tariff relief (07/09/2006)
Annual Report: No. 16 Sweden- Keeping on a growth path (07/08/2006)
Annual Report: No. 17 Trinidad & Tobago- Energy provides trade edge (07/08/2006)
Annual Report: No. 15 Thailand- Breaking a billion (07/07/2006)
Annual Report: No. 14 Belgium- Beyond diamonds (07/06/2006)
Annual Report: No. 11 Taiwan- Playing the tech card (07/03/2006)
Annual Report: No. 10 Italy- Trade, Italian-style (07/02/2006)
Annual Report: No. 9 Australia- Capturing the Aussie market (07/01/2006)
Annual Report: No. 8 The Netherlands- One-sided trade exchange (06/30/2006)
Annual Report: No. 6 Malaysia- Tech trade skyrockets (06/28/2006)
Annual Report: No. 5 United Kingdom- Striking a balance (06/27/2006)
Annual Report: No. 4 South Korea- Vehicle, textile imports soar (06/25/2006)
Annual Report: No. 3 Germany- Autos drive German trade (06/24/2006)
Annual Report: No. 7 Ireland- The right prescription (06/18/2006)
Annual Report: No. 1 China- Cotton and furniture lead roster (06/18/2006)
Annual Report: No. 12 France- Flying high with France (06/16/2006)
Annual Report: No. 19 Hong Kong- Sweetening the surplus (06/16/2006)
Annual Report: No. 20 Spain- Robust exchange with Spain (06/16/2006)
Annual Report: No. 22 India- Diversity marks trade with India (06/16/2006)
Annual Report: No. 23 Venezuela- Giant oil producer sees gains (06/16/2006)
Annual Report: No. 25 Israel- building new trade lanes (06/16/2006)
Annual Report: No. 26 Mexico- Aircraft exports take flight (06/16/2006)
Annual Report: No. 2 Japan good for Gulfstream, Georgia Pacific (06/15/2006)
Annual Report: No. 21 Brazil- Timber products play role (06/15/2006)
Georgia making first move into Top 10 in total U.S. trade (05/22/2006)
Georgia tops $70 billion in trade
Malaysia's trade doubles; phone equipment triples (02/14/2006)