Matza exports down 14%

Israel exported matza to 45 countries in 2013, including Azerbaijan, Kenya, and Sri Lanka.

Matza exports fell 14% in 2013 to $16.7 million, the Israel Export and International Cooperation Institute reported today. It attributes the drop to the strong shekel and increased local matza production in the US, which reduced the need for imports from Israel.

Matza exports to the US fell 21% in 2013, although it was still the largest destination of Israeli matza. Israel exported matza to 45 countries in 2013, including Azerbaijan, Kenya, Nigeria, Sri Lanka, and Uganda.

Published by Globes [online], Israel business news - www.globes-online.com - on April 9, 2014

© Copyright of Globes Publisher Itonut (1983) Ltd. 2014

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