2021
Flag  
GDP
$2TCURRENT US$
Rnk 9 / 204
2011-2021
Flag
GDP GROWTH
11.6%CURRENT US$
Rnk 139 / 204
2021
Flag
 GDP
$3.15TCURRENT US$
Rnk 5 / 204
2011-2021
Flag
GDP GROWTH
72.8%CURRENT US$
Rnk 26 / 204
2021
Flag
GDP PC 
$52,359CURRENT US$
Rnk 23 / 204
2011-2021
Flag
GDP PC GROWTH
0.26%CURRENT US$
Rnk 143 / 204
2021
Flag
GDP PC
$2,238CURRENT US$
Rnk 159 / 204
2011-2021
Flag
GDP PC GROWTH
54.4%CURRENT US$
Rnk 27 / 204

About

Canada-India In 2021, Canada exported $3B to India. The main products that Canada exported to India are Coal Briquettes ($708M), Dried Legumes ($330M), and Crude Petroleum ($234M). During the last 26 years the exports of Canada to India have increased at an annualized rate of 8.89%, from $327M in 1995 to $3B in 2021.

In 2020, Canada exported services to India worth $3.43B, with Travel ($3.29B), Transportation ($84.3M), and Government services, n.i.e. ($26.1M) being the largest in terms of value.

India-Canada In 2021, India exported $4.11B to Canada. The main products that India exported to Canada were Packaged Medicaments ($349M), Jewellery ($150M), and Crustaceans ($137M). During the last 26 years the exports of India to Canada have increased at an annualized rate of 9.4%, from $397M in 1995 to $4.11B in 2021.

In 2021, India did not export any services to Canada.

Comparison In 2021,  Canada ranked 32 in the Economic Complexity Index (ECI 0.9), and 9 in total exports ($484B). That same year, India ranked 41 in the Economic Complexity Index (ECI 0.61), and 14 in total exports ($403B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Canada exported $3B to India. The main products exported from Canada to India were Coal Briquettes ($708M), Dried Legumes ($330M), and Crude Petroleum ($234M). During the last 26 years the exports of Canada to India have increased at an annualized rate of 8.89%, from $327M in 1995 to $3B in 2021.

In 2021, India exported $4.11B to Canada. The main products exported from India to Canada were Packaged Medicaments ($349M), Jewellery ($150M), and Crustaceans ($137M). During the last 26 years the exports of India to Canada have increased at an annualized rate of 9.4%, from $397M in 1995 to $4.11B in 2021.

Exports from Canada (Flag) to India (Flag) (2021)

Exports from India (Flag) to Canada (Flag) (2021)

Market Competitiveness

Color
Canada
Top Destination
United States$355B
India
Top Destination
United States$71.2B

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

In 2021, countries that imported more from Canada than India were United States ($355B), Japan ($11.9B), and Mexico ($7.14B).

In 2021, countries that imported more from India than Canada were United Arab Emirates ($25.4B), Bangladesh ($14.1B), and Nepal ($9.4B).

Difference in imports from India (Flag) and Canada (Flag) (2021)

Comparative Advantage Canada - India

Flow
Scale

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

During 2021, Canada had a large net trade with India in the exports of Mineral Products ($1.08B), Paper Goods ($464M), and Vegetable Products ($338M).

During 2021, India had a large net trade with Canada in the exports of Chemical Products ($809M), Textiles ($644M), and Metals ($561M).

Service Trade

Bilateral Service Trade

In 2020, Canada exported services to India worth $3.43B, with Travel ($3.29B), Transportation ($84.3M), and Government services, n.i.e. ($26.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Canada (Flag) to India (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Canada has comparative advantage over India. Similarly, the more yellow a dot/product is, the more India has comparative advantage over Canada.

Product Space of Canada (Flag) and India (Flag) (2021)

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