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NEWS
Matzoh Exports Expected to Decrease
By M. Green
Economists at the Export Institute estimate matzoh exports
will drop 5-10 percent in 2009 following a sharp rise in 2008
— a total of $12 million, representing a 31-percent
increase over the previous year, says Export Institute
Director Avi Chafetz.
According to the Institute's figures the leading importers in
2008 were the US with 59 percent of all matzoh exports ($7
million), Italy with 10 percent ($1.2 million), Britain with
5 percent ($621,000), France with 5 percent ($600,000),
Belgium with 5 percent ($560,000), Canada with 3 percent
($390,000) and Australia with 3 percent ($345,000).
Chafetz said the increase in matzoh exports to the US in 2008
can be attributed to the fact export that agreements were
closed before the economic crisis took hold. Much of the
Jewish community in the US, which often spent Pesach at
hotels, is expected to stay home this year.
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