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Israel

EDC Position-open all programs

EDC's Position

  • Targeted approach to business
  • Open under all programs, subject to regular approval criteria

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Country At A Glance

Flag of Israel
Map of Israel

Country Facts

Nominal GDP291.57 Billion USD
Population8.04 Million
Total Trade/GDP63.87%
CurrencyIsraeli New Shekel (ILS)
Merchandise Imports from Canada383.66 Million CAD
Main importsDiamonds, Machinery & Equipment, Fuels, Chemicals

EDC in Israel

Canadian companies assisted191
International buyers insured351
Business volume275.22 Million CAD

Business Environment

Israel is a wealthy country with a technologically advanced market economy. Its major imports include crude oil, grains, raw materials, and military equipment. Cut diamonds, high-technology equipment, and pharmaceuticals are among the leading exports. They have well-developed agricultural and industrial sectors and the country's nearly total reliance on energy imports may change with recent discoveries of large gas reserves off its coast. Canada has an established trade and investment relationship with Israel with high potential for business opportunities across a wide range of sectors.

Key Industries

  • Aerospace
  • Biotechnology
  • Consumer Goods
  • Environmental Infrastructure & Waste Water
  • Knowledge Based Industries
  • Medical Technology & Devices
  • Oil and Gas
  • Telecom

How we can support your business

Through our representation in Istanbul, Turkey, we provide regional support to Canadian companies planning on or currently doing business in Israel. Our regional representatives have developed strategic relationships with major buyers in key sectors as well as an extensive network of local contacts in the market.

  • We are well positioned to help Canadian companies through a range of financing and risk management services.
  • Learn more about our service offering.
 

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