It does if that's the only standard you apply in choosing to whom you deliver a product. If you sell to despotic regimes and not to Israel, you're criticism of Israel is anti-semitic.
There is a very difficult line to tread here, to me it feels like any inference between the state of Israel and the Jewish faith is itself somewhat anti-semitic, or at least it should be. However, the International Holocaust Remembrance Alliance definition itself does it so I am probably wide of the mark.