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2022
Flag → Flag
Exports $506MRnk 44 / 215
2022
Flag → Flag
Top Product $41.4MPerfume Plants
2022
Flag → Flag
Exports $1.33BRnk 15 / 187
2022
Flag → Flag
Top Product $250MSpecial Purpose Ships
2022
Flag
Economic Complexity (ECI) ECI 0.92Rnk 31 / 133
2022
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Economic Complexity (ECI) ECI 1.23Rnk 20 / 133
2022
Flag  
GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
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GDP GROWTH17%CURRENT US$
Rnk 129 / 186
2022
Flag
 GDP$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH99%CURRENT US$
Rnk 14 / 186
2022
Flag
GDP PC $54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH64.9%CURRENT US$
Rnk 21 / 186

About

Canada-Israel Trade: In 2022, Canada exported $506M to Israel. The main products that Canada exported to Israel were Perfume Plants ($41.4M), Electric Heaters ($35.2M), and Cars ($30.2M). Over the past 5 years the exports of Canada to Israel have increased at an annualized rate of 6.67%, from $367M in 2017 to $506M in 2022.

In 2020, Canada exported services to Israel worth $91.7M, with Computer and information services ($31.3M), Travel ($20.9M), and Transportation ($17.9M) being the largest in terms of value.

Israel-Canada Trade: In 2022, Israel exported $1.33B to Canada. The main products that Israel exported to Canada were Special Purpose Ships ($250M), Medical Instruments ($86.1M), and Packaged Medicaments ($66.2M). Over the past 5 years the exports of Israel to Canada have increased at an annualized rate of 4.96%,  from $945M in 2017 to $1.33B in 2022.

In 2012, Israel exported services to Canada worth $16.6M, with Computer and information services ($16.6M) being the largest in terms of value.

Comparison: In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). That same year, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).

Latest Trends

August, 2024

About

Overview In August 2024, Canada exported C$31M and imported C$93.4M from Israel, resulting in a negative trade balance of C$62.3M. Between August 2023 and August 2024 the exports of Canada have increased by C$4.18M (15.6%) from C$26.9M to C$31M, while imports decreased by C$-28.5M (-23.4%) from C$122M to C$93.4M.

Trade In August 2024, the top exports of Canada to Israel were Perfume Plants (C$4.26M), Broadcasting Equipment (C$1.25M), Animal Food (C$1.24M), Other Printed Material (C$1.18M), and Printed Circuit Boards (C$1.18M). In August 2024 the top imports of Canada from Israel were Medical Instruments (C$12.9M), Gas Turbines (C$7.43M), LCDs (C$6.2M), Industrial Printers (C$4.74M), and Other Plastic Products (C$4.73M).

Origins In August 2024 the exports of Canada were mainly from Ontario (C$19.2M), Quebec (C$6.1M), British Columbia (C$1.96M), Manitoba (C$840k), and Newfoundland Labrador (C$764k), while imports destinations were mainly Ontario (C$49.5M), Quebec (C$25.2M), British Columbia (C$9.42M), Alberta (C$6.45M), and Manitoba (C$2.23M).

Growth In August 2024, the increase in Canada's year-by-year exports to Israel was explained primarily by an increase in product exports in Other Printed Material (C$1.18M or 119k%), Semiconductor Devices (C$826k or 327%), and Other Sugars (C$658k or 6.19k%). In August 2024, the decrease in Canada's year-by-year imports  from Israel was explained primarily by an decrease in product imports  in Packaged Medicaments (C$-3.87M or -52.1%), Other Furniture (C$-2.87M or -73.9%), and Other Fruits (C$-1.77M or -60.3%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)C$4.18M(15.6%)
IMPORT GROWTH (August 2023 - August 2024)C$-28.5M(-23.4%)
MAIN EXPORTER (August 2024)OntarioC$19.2M

This section shows exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Canada over time.

To check Israel and Canada trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Israel and Canada Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $506M to Israel. The main products exported from Canada to Israel were Perfume Plants ($41.4M), Electric Heaters ($35.2M), and Cars ($30.2M). During the last 5 years the exports of Canada to Israel have increased at an annualized rate of 6.67%, from $367M in 2017 to $506M in 2022.

In 2017, Israel exported $1.33B to Canada. The main products exported from Israel to Canada were Special Purpose Ships ($250M), Medical Instruments ($86.1M), and Packaged Medicaments ($66.2M). During the last 5 years the exports of Israel to Canada have increased at an annualized rate of 4.96%, from $945M in 2022 to $1.33B in 2017.

Exports from Canada (Flag) to Israel (Flag) (2022)

Exports from Israel (Flag) to Canada (Flag) (2022)

Market Competitiveness

Color
Canada
Top DestinationUnited States$438B
Israel
Top DestinationUnited States$20.3B

This map shows whether countries import more from Canada or Israel. Each country is colored based on the difference in imports they receive from Canada and Israel or the difference in the growth in imports.

In 2022, countries that imported more from Canada than Israel included United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2022, countries that imported more from Israel than Canada included Palestine ($4.6B), Ireland ($3.86B), and Turkey ($2.33B).

Difference in imports from Israel (Flag) and Canada (Flag) (2022)

Comparative Advantage Canada - Israel

Flow
Scale

This chart compares trade between Canada and Israel by product, considering products traded by both, Canada and Israel.

During 2022, Canada had a large net trade with Israel in the exports of Machines ($159M), Vegetable Products ($108M), and Transportation ($57.2M).

During 2017, Israel had a large net trade with Canada in the exports of Transportation ($297M), Machines ($248M), and Chemical Products ($208M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Israel+$53.1MCars
Top Product Potential Israel Canada+$28.9MPackaged Medicaments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Canada and Israel. This means that a dot/product with the flag of Canada indicates it has a comparative advantage over Israel. Similarly, a dot/product with the flag of Israel indicates it has a comparative advantage over Canada.

Product Space of Canada (Flag) and Israel (Flag) (2022)

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