The Israel Export Institute predicts 6% export growth in 2017.
According to the Export Institute’s forecast, exports are projected to grow by 6% in dollar terms to over $100 billion in 2017. Export Institute economists predict a real 4% rise in exports.
Export Institute chairman Ramzi Gabbay said, “The 2016 export report indicates a positive trend in exports this year. The drop in exports of goods was balanced by accelerated growth in exports of computer and software services, which contributed to a continuation of high-tech export growth in Israel, and in Israeli exports in general. In view of this trend, we expect that following several years of stagnation, 2017 will be a turning point in exports, with exports rising and boosting the economy’s growth rates in the coming years.”