Israel Africa | Business Guide | 2020

9 % from 2018 , where a specific high-volume deal in the transportation sector pushed export figures higher. Imports totaled$ 8 million, a decrease of 27 %. Key exports products to Kenya are in theAgritech industry, primarilymachinery, equipment andplastics. Imports are food related - primarily fish (mainly Tilapia and Nile Perch). Tradewith Uganda is showing a growth trend and totaled $ 32 million in 2019 , an annual increase of 43 %, Exports totaled $ 12 million, an increase of 81 % compared to the previous year. Imports totaled $ 20 million, an increase of 27 %. Key export products include metals, telecom, machinery and equipment. Imports are food related-fish, coffee, and sesame seeds. Trade with Ghana totaled $ 29 million in 2019 , a decrease of 25 %compared to the previous year. Exports totaled $ 24 million, a decrease of 30 % compared to the previous year, and imports totaled $ 5 million, an increase of 8 %. Key export products toGhana are in thefields of chemicals andmetals. Imports are agricultural, primarily cacao and dates. Tradewith Senegal totaled$ 19 million in 2019 , an increase of 21 %compared to the previous year. Exports totaled $ 15 million, an increase of 54 %, driven primarily by a transaction involving marine vessels. Imports totaled $ 4 million, a decrease of 28 %compared to the previous year. Key export products were in machinery and equipment while Imports are food related-primarily fish. Volatility of Trade relations: In light of the projected downturn in most global leading economies (except China), Africa is expected to become a key factor in the future economic shifts. With its fast-growing labor force, economic growth potential and rising importance, Africa should be on the radar of any Israeli business venturing into developing markets. However, without a proper support network, credit facilities and risk- reductionmechanisms, many companies are ambivalent about thesemarkets. Government and public institutions like the Ministry of Economy & Industry, ASHRA and the Israel Export Institute offer a wide range of tools, knowledge, information, risk insurance and support for Israeli exporters wishing to operate in Africa. (www.export.gov.il/en) Export by sectors Annual average 2015 - 2019 , goods exclude diamonds Source: Israel Export Institute Export by countries Annual average 2015 - 2019 , goods exclude diamonds Source: Israel Export Institute 15