Over 20,000 Israeli businesses began exporting their goods via Ebay during the coronavirus pandemic, an examination commissioned by the e-commerce corporation and conducted by Adkit Business Research Services revealed this week.
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It also said that 50% of small and medium businesses export or intend to export their goods abroad. For the vast majority of those who already do, export has become more than 50% of their businesses' sales volume, a number that has increased significantly since the outbreak of the pandemic.
According to data, home design items and furniture are the best-selling Israeli products (27% of all export), as well as jewelry (17%) and Judaica (12.5%). Most of these are exported to the United States, Germany, France, and Italy.
Nevertheless, the survey also showed that while Israeli sellers work with a variety of shipping companies and communicate efficiently with customers abroad, they still run into problems with regulations in the destination country and shipping costs and times.
"Israel is a key market, one of the most growing and sophisticated markets for us," said Alon Paster, head of Commercial Development for Global Emerging Markets at eBay. "In Israel, we see a strategic market that exhibits strong and continuous growth.
"The global market reacts positively to sellers from Israel. And in the last two years, there has been a significant increase of almost 30% in the average price at which an Israeli seller vends abroad," he said.
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