date:May 20, 2016
ermany, where exports dropped by 25%, 22%, and 20%, respectively.
The primary reasons cited in the report for the decrease in exports to the EU are the flooding of the European markets with local produce and the sharp decline of the euro. Following the closing of the Russian market for produce from Europe, much of the local produce remained in the EU markets which made it difficult for Israeli exporters to compete.
Additionally, the declining strength of the euro made exports from Israel less