Doing Business in Israel
Your comprehensive guide to entering and succeeding in the Israeli market
Why Israel?
Israel, known as the "Startup Nation," is a global leader in innovation and technology. With a population of approximately 9.5 million, Israel has the highest concentration of startups per capita in the world and is home to major R&D centers for leading multinational corporations.
The Canada-Israel Free Trade Agreement (CIFTA), modernized in 2019, provides Canadian businesses with preferential access to the Israeli market, eliminating tariffs on virtually all industrial products and many agricultural goods.
Israel at a Glance
GDP (2023)
Population
Active Startups
R&D as % of GDP
Key Industry Sectors
World leader in cybersecurity, AI, fintech, and enterprise software. Home to 400+ multinational R&D centers.
Leading medical device innovation, digital health, and pharmaceutical research with world-class hospitals.
Pioneer in solar energy, water technology, and sustainable agriculture. Major natural gas discoveries.
Global leader in agricultural technology, irrigation systems, and alternative protein development.
Advanced defense systems, UAV technology, satellite communications, and space technology.
Rich historical and religious sites, Mediterranean beaches, vibrant culinary scene, and business tourism.
Market Entry Checklist
Before You Go
How We Can Help
Canada-Israel Trade Relationship
Canada and Israel enjoy a strong and growing trade relationship. Bilateral merchandise trade exceeded $2.5 billion in 2023, with significant growth in technology, pharmaceuticals, and agricultural products.
The modernized Canada-Israel Free Trade Agreement (CIFTA) provides:
- Duty-free access for virtually all industrial products
- Improved market access for agricultural products
- Enhanced intellectual property protections
- Streamlined customs procedures
- New provisions for e-commerce and digital trade
Ready to Explore the Israeli Market?
Join the Canada-Israel Chamber of Commerce and gain access to our network, resources, and expertise to help your business succeed.