HJS Friends of Israel Report FINAL_HJS Friends of Israel Report FINAL.qxd 06/02/2014 09:55 Page 7 ADDED VALUE: ISRAEL’S STRATEGIC WORTH TO THE EU AND ITS MEMBER STATES In Figures: EU-Israel Relations €29.7 billion: Total bilateral trade in goods (2012) €17 billion: EU exports to Israel (2012) €12.7 billion: EU imports from Israel (2012) €4.3 billion: Trade balance in goods in EU’s favour (2012) €1.16 billion: Israeli military-related sales to EU members (2012) rtner) 35%of Israeli imports come from the EU (Israel’s leading import pa 27%of Israeli exports go to the EU (Israel’s second-leading export partner, after the US) €7.9 billion: Total bilateral trade in services (2012) €1.3 billion: Trade balance in service sector in EU’s favour €4.44 billion (£3.75 billion): UK-Israel trade (2012, up 34% from 2011) €5.3 billion: Germany-Israel trade (2012) €2.3 billion: France-Israel trade (2011) Average annual growth rate in EU-Israel trade (2008-12): 4.9%: EU exports 3.0%: EU imports Top EU-to-Israel exports: Machinery, transport equipment (38%); manufactured goods (21%); chemicals (17%) Top Israel-to-EU imports: Chemicals (37%); machinery, transport equipment (19%); manufactured goods (17%) 356: Israeli participants in European Cooperation in Science and Technology (COST) since 2000 (34% of all programmes) 289: Israeli participants in European Research Council projects: (11% of all projects) 1,406: Israeli participants in the EU Seventh Framework Programme for Research and Technological Development10 10 “European Union, Trade in goods with Israel,” European Commission (2013), available at: http://trade.ec.europa.eu/doclib/docs/2006/september/tradoc_113402.pdf; see also: Nadav Shemer, “UK envoy: Trade boom proves no Israel boycott,” The Jerusalem Post, 29 February 2012, available at: http://www.jpost.com/Business/Business-News/UK-envoy-Trade-boom-proves-no-Israel-boycott (accessed 16 December 2013); see also: “Vom Silicon Valley ins Silicon Wadi” (“From Silicon Valley to Silicon Wadi”), State of Israel – Ministry of Economy, 21 June 2013, available at: http://itrade.gov.il/germany/vom-silicon-valley -ins-silicon-wadi-wirtschaftsminister-rosler-in-israel/; see also: “Hollande visits Israel amid stalled Iran nuclear talks,” France 24, 17 November 2013, available at: http://www.france24.com/en/ de-iran-israel-nuclear-netanyahu-palestinian-abbas-france/. 20131116-hollan 5