Officials report that in July 2013, a total of 12,368 private cars were imported into Israel as compared to 19,684 in June 2012, representing a 37% decline. According to Customs Authority officials�, there was an increase in car imports in May as consumers waited for an announced increase in value added tax. It appears the increase in VAT to 18% has taken its toll on car imports.
Regarding commercial vehicles, 485 were imported in June 2013 as compared to 541 in June 2012, a 10% decline.
It would appear the VAT increase had a mixed impact on other imports as refrigerator imports were down 14%, washing machine imports were up 52%, dryer imports increased 61% and dishwasher imports were up 29%.
(YWN � Israel Desk, Jerusalem)