2022
Flag  
GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
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GDP GROWTH
17%CURRENT US$
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2022
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 GDP
$3.39TCURRENT US$
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2012-2022
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GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
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GDP PC 
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
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GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186
2022
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GDP PC
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
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GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186

About

Canada-India In 2022, Canada exported $4.32B to India. The main products that Canada exported to India are Coal Briquettes ($1.02B), Potassic Fertilizers ($733M), and Dried Legumes ($305M). During the last 27 years the exports of Canada to India have increased at an annualized rate of 9.44%, from $378M in 1995 to $4.32B in 2022.

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 2022, India exported $5.37B to Canada. The main products that India exported to Canada were Packaged Medicaments ($406M), Motor vehicles; parts and accessories (8701 to 8705) ($180M), and Jewellery ($177M). During the last 27 years the exports of India to Canada have increased at an annualized rate of 10.1%, from $399M in 1995 to $5.37B in 2022.

In 2022, India did not export any services to Canada.

Comparison In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.85), and 9 in total exports ($587B). That same year, India ranked 42 in the Economic Complexity Index (ECI 0.57), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $4.32B to India. The main products exported from Canada to India were Coal Briquettes ($1.02B), Potassic Fertilizers ($733M), and Dried Legumes ($305M). During the last 27 years the exports of Canada to India have increased at an annualized rate of 9.44%, from $378M in 1995 to $4.32B in 2022.

In 2022, India exported $5.37B to Canada. The main products exported from India to Canada were Packaged Medicaments ($406M), Motor vehicles; parts and accessories (8701 to 8705) ($180M), and Jewellery ($177M). During the last 27 years the exports of India to Canada have increased at an annualized rate of 10.1%, from $399M in 1995 to $5.37B in 2022.

Exports from Canada (Flag) to India (Flag) (2022)

Exports from India (Flag) to Canada (Flag) (2022)

Market Competitiveness

Color
Canada
Top Destination
United States$438B
India
Top Destination
United States$82.9B

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 ($438B), China ($25.4B), and Japan ($14.3B).

In 2021, countries that imported more from India than Canada were United Arab Emirates ($31.6B), Netherlands ($17.6B), and Bangladesh ($13.8B).

Difference in imports from India (Flag) and Canada (Flag) (2022)

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 2022, Canada had a large net trade with India in the exports of Mineral Products ($1.27B), Chemical Products ($848M), and Paper Goods ($653M).

During 2022, India had a large net trade with Canada in the exports of Chemical Products ($908M), Metals ($798M), and Textiles ($745M).

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) (2022)

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