Israel’s exports to Gulf Arab states were worth some one billion dollars in 2016, a new analysis of trade data suggests, despite their refusal to recognize Israel or have diplomatic relations with it.
Israel’s publicly available foreign trade data does not show any direct trade in recent years with countries such as Saudi Arabia and the United Arab Emirates, but the Tony Blair Institute for Global Change said Tuesday its analysis of goods flows between third countries suggest the true amount is “close to” USD$1 billion.
Its estimate suggests Israeli exports to the Gulf Cooperation Council (GCC) countries outstripped those to allies and giant economies such as Russia and Japan in 2016, the most recent year for which annualized Israeli trade data is available.
The GCC is comprised of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates.
Each are wealthy monarchies with rapacious consumer markets and an appetite for the kinds of advanced technology Israeli firms offer. The study said the one billion figure is only a tiny fraction of the trade’s potential.
If Israel was selling a billion dollars worth of goods to the Gulf in 2016 when it had to go through third parties and engage in some under-the-table transactions, how much is the market worth when done openly?
The same article estimates that, too:
“Given the size of these (GCC) markets, even if Israel’s potential share of them is conservatively estimated at just 2-3 percent of their total imports of goods and services under normal trading conditions, that would amount to $15-25 billion,” the report’s authors wrote of a situation in which the trade was conducted openly.
I don't think that boycotting Sabra hummus will make up for this.
We have lots of ideas, but we need more resources to be even more effective. Please donate today to help get the message out and to help defend Israel.
The Institute for the Study of War frames the war properlyFrom the Institute of the Study of War website:Dr. Kimberly Kagan founded ISW in May 2007, as U.S. forces undertook a daring new counterinsurgency strategy to reverse the grim security situation on the ground in Iraq . Frustr…Read More
Latest EoZ cartoons and memes
Buy the EoZ book, PROTOCOLS: Exposing Modern Antisemitism today at Amazon!
Or order from your favorite bookseller, using ISBN 9798985708424.
Read all about it here!
…Read More
Article about EoZ on Jewish News ServiceI was interviewed by JNS a few weeks ago, ahead of my 20th Blogoversary coming up this August.The reporter dug up some stuff about the site even I had forgotten. (I added links.)The Washington think tank Jewish Policy Center …Read More
It seems that the Progressives find a way to defend it's anti-Israel narrative by claiming their position is completely aligned with Progressive values...
Report: Hamas may be open to freeing some hostages in exchange for Eid al-Fitr truce------------Crap on these Cretins, unleash a Shitstorm of Ordinance on...
This blog may be a labor of love for me, but it takes a lot of effort, time and money. For 20 years and 40,000 articles I have been providing accurate, original news that would have remained unnoticed. I've written hundreds of scoops and sometimes my reporting ends up making a real difference. I appreciate any donations you can give to keep this blog going.
Weekend long read
-
1) The Long War Journal presents a report titled ‘Gaza doctor widely quoted
by major media outlets has deep Hamas ties’ by Joe Truzman...
The post Weeken...
Weekend long read
-
1) The Long War Journal presents a report titled ‘Gaza doctor widely quoted
by major media outlets has deep Hamas ties’ by Joe Truzman...
The post Weeken...
Apartheid? The boot is still on the Arab foot
-
Although it’s almost drowned out by charges of Israeli ‘genocide’ in Gaza,
this week is Israel Apartheid Week – a global, multimedia extravaganza
devot...
Visas for Terrorists, No Visas for Israelis
-
There was outrage after the move to deport foreign campus terrorist
supporters, including Momodou Taal, who had urged student protesters to
take their c...
This is what terrorist propaganda looks like
-
Just a few weeks after the BBC were forced to take down a documentary
because of Hamas family ties to the narrator – the BBC anti-Israel factory
has chur...
-
This is Sali, the LSW posting for Yaakov. Yaakov is recovering from a stoke
that he had about a month ago. Thank you all so very much for your good
wishes,...
Peter Beinart’s anti-Jewish Purim Propaganda
-
Peter Beinart is not the first person to accuse Jews of genocide in the
Purim story. It is a staple of antisemites. Beinart’s perversion is to make
this ac...
Emigration to Mandate Palestine from the Hauran
-
A report on the present conditions in the Hauran was published in the
Journal of The Royal Central Asian Society in 1936.
One of the topics was the emigr...
One Choice: Fight to Win
-
Yesterday Israel preempted a potentially disastrous attack by Hezbollah on
the center of the country. Thirty minutes before launch time, our aircraft
destr...
Closing Jews Down Under Website
-
With a heavyish heart I am closing down the website after ten years.
It is and it isn’t an easy decision after 10 years of constant work. The
past...
‘Test & Trace’ is a mirage
-
Lockdown II thoughts: Day 1 Opposition politicians have been banging on
about the need for a ‘working’ Test & Trace system even more loudly than
the govern...