Fact Sheet: Israel - Canada's Priority Market

Fast Facts

  • Capital: While Israel designates Jerusalem as its capital, Canada believes that the final status of the city needs to be negotiated between the Israelis and Palestinians. At present, Canada maintains its Embassy in Tel Aviv.
  • Population (millions): 8.2
  • Total area: 21,640 km2
  • Currency: New Israel Shekel
  • Language (s): Hebrew, Arabic

Economic Facts 2014

  • GDP ($ billions): 336.1
  • GDP per capita ($): 40,923
  • GDP growth (%): 2.8
  • Inflation (%): 0.5
  • Unemployment (%): 6.0

Key Opportunities

  • Aerospace
  • Defence and security
  • Information and communications technologies
  • Life sciences
  • Ocean technologies
  • Sustainable technologies

Major Negotiations and Agreements

Support Services

Trade Commissioner Service of Canada

Trade and Investment Promotion Initiatives

  • Canada-Israel Joint Economic Commission
Trade and Investment
Value (in millions of dollars)
Canada’s merchandise exports to Israel$449.8
Canada’s merchandise imports from Israel$1,107.4
Canadian investment in IsraelCommercially sensitive information
Israeli investment in CanadaCommercially sensitive information