Israel is a wealthy country with a technologically advanced market economy with a highly skilled workforce. With improvements in the Canada - Isreal free trade agreement (CIFTA) in 2014, creating opportunities and eliminating and reducing 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. Israel is one of the world's hubs for diamond cutting and polishing. 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