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Israel May Have Favorable Trade Balance with Canada for Year As Exports Jump

December 18, 1968
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Israel’s exports to Canada are increasing at a rapid pace and are expected to exceed imports from that country by the end of this year, it was announced here today. The figures on Canadian-Israel trade were released at a reception by the Israel-Canadian Chamber of Commerce for J. H. Suggit, new Canadian commercial attache in Israel. They showed exports to Canada in the amount of $9,3 million for the first nine months of this year compared to $5.5 million in the corresponding period last year. Israel’s exports to Canada are expected to reach $12 million by the end of 1968 compared to imports for the year of $10 million. Israel sends Canada mainly diamonds, textiles, citrus and cotten.

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