Australia–Israel relations

The bilateral relations between Australia and Israel were formally established in 1949. Australia has an embassy in Tel Aviv and Israel has an embassy in Canberra. They are two of the most economically developed countries bordering the Indian Ocean or its marginal seas, and are both members of OECD. The two countries have healthy trading relations with each other, with Israel being Australia's 49th largest two-way trading partner and 56th largest export market.