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ISRModerate

Israel

Middle East|Western Asia
Overall risk score
38/100
Trade volume (CAD)
$3B
Risk tier
Moderate
Trade relationship
FTA partner with strong technology and innovation ties
RISK FACTOR BREAKDOWN
Political risk55

Parliamentary democracy with strong institutions but experiencing significant internal political polarization. Ongoing military operations and regional security tensions create elevated geopolitical risk. International relations are complex and affect trade dynamics.

Economic risk20

Advanced, high-income economy with world-leading technology and innovation sectors. Strong venture-capital ecosystem. Military spending is high but innovation spillovers are significant. Fiscal management is generally prudent.

Regulatory risk22

Well-developed regulatory framework with strong intellectual-property protection. CIFTA provides preferential market access and investment provisions. Regulatory standards are aligned with OECD norms.

Supply chain risk40

Advanced technology and pharmaceutical manufacturing capabilities. Geographic location and security situation create logistics complexities. Shipping routes through the Red Sea have been disrupted. Air-freight connectivity is strong.

Currency risk30

Israeli shekel has been resilient despite security tensions, reflecting strong economic fundamentals. Bank of Israel maintains credible monetary policy. Geopolitical escalation scenarios create tail-risk currency exposure.

TRADE AGREEMENTS
  • Canada-Israel FTA (CIFTA)
TARIFF EXPOSURE

Low — CIFTA provides preferential access for most Canadian exports. The bilateral FTA has been modernized to include updated provisions. Diamond trade operates under specialized customs regimes.

STRATEGIC CONSIDERATIONS

Israel is a strategically important partner for Canada in technology and innovation, with deep venture-capital and R&D collaboration. The bilateral FTA provides strong market access. Security situation and geopolitical dynamics require ongoing risk assessment. Canadian firms in defense technology and cybersecurity find significant opportunities.

SECTOR VULNERABILITIES

Key sectors exposed to risk in the Israel trade corridor

  1. 1

    Technology

  2. 2

    Defense

  3. 3

    Pharmaceuticals

  4. 4

    Agriculture (agri-tech)

TRADE FLOWS
Key exports to Canada
  • Diamonds
  • Pharmaceuticals
  • Electrical equipment
  • Machinery
Key imports from Canada
  • Machinery
  • Vehicles
  • Aircraft parts
  • Pulses
KEY INDUSTRIES

Canadian industries connected to Israel trade flows

ManufacturingCritical

Automotive Manufacturing

92/100$16B
ManufacturingHigh

Industrial Machinery & Equipment

52/100$9.2B
AgricultureModerate

Grain & Cereal Crops

42/100$11.5B
Mining & ResourcesLow

Diamond Mining

12/100$1.8B
OTHER COUNTRIES IN MIDDLE EAST
SAUModerate

Saudi Arabia

45/100$5B
ARELow

United Arab Emirates

24/100$4B
TURHigh

Turkey

55/100$4.5B

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