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Country NewsCanada
๐Ÿ‡จ๐Ÿ‡ฆ

North America ยท Country profile

Canada

India-Canada trade corridor: $5.2B bilateral trade, $3.8B FDI into India.

$5.2B
Trade with India
+11.7% YoY
$777.0B
GDP
Nominal
$3.8B
FDI into India
Cumulative
+$0.4B
Trade balance
India surplus

Top exports to Canada

  • Engineering goods
  • Electronics
  • Marine products

Top imports from Canada

  • Gold and precious metals
  • Edible oils
  • Electronic components

Key sectors

๐Ÿญ Manufacturing๐Ÿ’Š Pharmaceuticalโš“ Shipbuildingโ™ป๏ธ Waste Management

Trade corridor with India

2025: $5.2B ยท 5-yr CAGR 11.9%

036202020212022202320242025

Goods trade in USD billion, illustrative demo figures.

Latest Canada stories

Trade4h ago5 min read

India-Canada bilateral trade hits a new quarterly high

FDI7h ago6 min read

Canada investors commit fresh capital to Indian manufacturing

Policy10h ago7 min read

Revised tariff schedule for India-Canada goods notified

Technology13h ago3 min read

India and Canada deepen cooperation on digital and AI standards

Policy and tariff watch

MeasureChangeStatusDateAlert
Import duty on engineering goods7% to 2%In forceJan 2026
Rules of origin certificationDigital certificates mandatoryNotifiedMar 2026
Pharma regulatory recognitionMutual recognition under reviewConsultationJun 2026
Agri products SPS standardsRevised residue limitsProposedSep 2026
Trade agreement roundRound 2 of negotiationsNegotiatingDec 2026

Upcoming events and delegations

Forum

India-Canada Business Forum

Dec 2026 ยท New Delhi

Delegation

Trade delegation to Canada

Feb 2027 ยท Canada

Buyer meet

Canada buyers-sellers meet

Mar 2027 ยท Mumbai

Policy

Joint working group on market access

Nov 2026 ยท Virtual

Opportunity sectors

๐Ÿ›ข๏ธS43Petrochemicals11% projected demand growth๐Ÿš†S48Railways & Metro20% projected demand growth๐Ÿš€S53Space25% projected demand growth๐ŸจS58Tourism27% projected demand growth๐Ÿค–S03AI & Cyber Security17% projected demand growth๐ŸฆS08Banking & Financial Services23% projected demand growth

Top companies in this corridor

REReliance Industries
LALarsen & Toubro
BHBharat Forge
DRDr. Reddy's Laboratories

Leaders active here

Anand MahindraChairman, Mahindra Group
Kiran Mazumdar-ShawFounder, Biocon
Mukesh AmbaniChairman, Reliance Industries

Experts

Meera DeshmukhTrade Compliance SME
Ananya KrishnanExport Advisor
Dr. Aris ThorneTechnology SME

Canada digest

Weekly trade, policy and tariff updates for the India-Canada corridor.

Country Pro

Unlock tariff datapacks and corridor forecasts for Canada.

See plans

Related countries

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๐Ÿ‡ง๐Ÿ‡ฟBelizeNorth America๐Ÿ‡ธ๐Ÿ‡ปEl SalvadorNorth America๐Ÿ‡ฏ๐Ÿ‡ฒJamaicaNorth America๐Ÿ‡ฑ๐Ÿ‡จSaint LuciaNorth America๐Ÿ‡ง๐Ÿ‡ธBahamasNorth America๐Ÿ‡ฉ๐Ÿ‡ฒDominicaNorth America
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