Israel is a wealthy country with a technologically advanced market economy and a highly skilled workforce. Improvements in the Canada-Isreal Free Trade Agreement (CIFTA) in 2014 have created opportunities and have eliminated and reduced tariffs on agricultural and fisheries products, furthering trade ties with Canada. Israel's major industries produce high-technology products, metal products, electronic and biomedical equipment, chemicals, processed foods and other agricultural products. Top imports include mineral fuels and oil, precious metals and stones, electric machinery and equipment, machinery and mechanical appliances, and automobiles and trucks. Canada has an established trade and investment relationship with Israel, with high potential for business opportunities across a wide range of sectors.
- Environmental Infrastructure & Waste Water
- Knowledge Based Industries
- Medical Technology & Devices
- Oil and Gas