More private cars, refrigerators and tobacco, less TVs and washing machines: data released by the tax authority reveal the changes in imports of durable goods last January compared to that of 2020, before the corona crisis. In total, this import in January amounted to about $ 6.3 billion – an increase of 5.3% compared to January 2020.
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According to the Authority, since last July there has been an increase in imports of private vehicles, and in January, which has just come to an end, about 18,000 such imports will be imported, compared with 15.5 thousand in January last year, an increase of 16.7%. Commercial vehicle imports amounted to about 1,100 vehicles compared to 728 a year ago, an increase of 47.1%.
The Authority explains that the increase in private vehicle imports in January, even after particularly high imports in December (on the eve of the change in hybrid vehicle taxation and the update of the green taxation formula) is due to a decline in currency exchange rates and a worldwide shortage of vehicle parts. In 2020. That is, without the shortage, the data were higher in previous months and are not attributed to last January.
Imports of “white” electrical appliances and consumer electronics had a mixed trend: refrigerators and dishwashers increased by 49.2% and 78.5%, respectively, while washing machines and tumble dryers decreased by 35.9% and 37.0%, respectively. Imports of televisions decreased by 1.4%.
As for the import of cigarettes, an increase of 19.4% was observed in this section, in line with a previous trend. According to the Tax Authority, part of this is attributed to the closure of the sky, which led to Israelis not purchasing cigarettes abroad or on duty-free.
A higher increase was recorded in the value of “other tobacco” imports, a category that includes smoking tobacco / hookahs / pipes as well as cigars and tobacco units for heating. The increase reached a sharp rate of 76.8% compared to January 2020, but this was not fully reflected in the purchase tax revenue in the category, which rose by 37.9%.
The Authority also notes that data from last December show that there is a 7.1% decrease in the quantities of gasoline marketing, due to the reduction in economic activity since March following the Corona crisis. In the quantities of diesel marketing, a similar decrease of 7.5% is observed, precisely after the increase in November.
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