Flag India / Canada Flag

2019
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Exports
: $3.52B, Rnk 29 / 219

2019
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Top Product
: $266M, Packaged Medicaments

2019
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Exports
: $4.13B, Rnk 8 / 214

2019
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Top Product
: $809M, Coal Briquettes

2019
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Economic Complexity (ECI)
: ECI 0.59, Rnk 44 / 146

2019
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Economic Complexity (ECI)
: ECI 1.01, Rnk 30 / 146

2019
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GDP
: $2.87T, CURRENT US$
Rnk 5 / 187

2009-2019
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GDP GROWTH
: 114%, CURRENT US$
Rnk 25 / 187

2019
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 GDP
: $1.74T, CURRENT US$
Rnk 10 / 187

2009-2019
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GDP GROWTH
: 26.6%, CURRENT US$
Rnk 134 / 187

2019
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GDP PC 
: $2,100, CURRENT US$
Rnk 142 / 187

2009-2019
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GDP PC GROWTH
: 90.5%, CURRENT US$
Rnk 19 / 187

2019
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GDP PC
: $46,195, CURRENT US$
Rnk 20 / 187

2009-2019
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GDP PC GROWTH
: 13.3%, CURRENT US$
Rnk 132 / 187

India-Canada: In 2019, India exported $3.52B to Canada. The main products that India exported to Canada are Packaged Medicaments ($266M), Other Large Iron Pipes ($136M), and Vehicle Parts ($115M). During the last 24 years the exports of India to Canada have increased at an annualized rate of 9.63%, from $388M in 1995 to $3.52B in 2019.

In 2019, India did not exported services to Canada.

Canada-India: In 2019, Canada exported $4.13B to India . The main products that Canada exported to India were Coal Briquettes ($809M), Diamonds ($636M), and Potassic Fertilizers ($331M). During the last 24 years the exports of Canada to India have increased at an annualized rate of 10.4%, from $382M in 1995 to $4.13B in 2019.

In 2017, Canada exported services to India worth $658M, with Travel ($520M), Transportation ($98M), and Government services, n.i.e. ($40M) being the largest in terms of value.

Comparison: In 2019,  India ranked 44 in the Economic Complexity Index (ECI 0.59), and 15 in total exports ($330B). That same year, Canada ranked 30 in the Economic Complexity Index (ECI 1.01), and 11 in total exports ($431B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2019, India exported $3.52B to Canada. The main products exported from India to Canada were Packaged Medicaments ($266M), Other Large Iron Pipes ($136M), and Vehicle Parts ($115M). During the last 24 years the exports of India to Canada have increased at an annualized rate of 9.63%, from $388M in 1995 to $3.52B in 2019.

In 2019, Canada exported $4.13B to India. The main products exported from Canada to India were Coal Briquettes ($809M), Diamonds ($636M), and Potassic Fertilizers ($331M). During the last 24 years the exports of Canada to India have increased at an annualized rate of 10.4%, from $382M in 1995 to $4.13B in 2019.

Market Competitiveness

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Measure

India
Top Destination
: United States, $55.3B

Canada
Top Destination
: United States, $314B

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

In 2019, countries that imported more from India than Canada were United Arab Emirates ($28.6B), Hong Kong ($11.5B), and Singapore ($9.53B).

In 2019, countries that imported more from Canada than India were United States ($314B), Japan ($9.92B), and United Kingdom ($13.8B).

Comparative Advantage India - Canada

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Depth

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

During 2019, India had a large net trade with Canada in the exports of Chemical Products ($638M), Textiles ($553M), and Metals ($518M).

During 2019, Canada had a large net trade with India in the exports of Mineral Products ($1.44B), Precious Metals ($653M), and Chemical Products ($485M).

Tariff Section

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This section shows import tariffs for products traded between India and Canada (using the HS6 product classification and the last year reported).

In 2018, the products from India that paid the highest import tariffs to enter Canada were Food preparations nes (150%) and Grape wines, sparkling (150%).

In 2018, the products from Canada that paid the highest import tariffs to enter India were Dairy produce: derived from milk, butter (299%) and Milk and cream unsweetened, concentrated (259%).

*The tariffs present between India and Canada are:
136: Most Favoured Nation duty rate treatement

Bilateral Service Trade

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In 2017, Canada exported services to India worth $658M, with Travel ($520M), Transportation ($98M), and Government services, n.i.e. ($40M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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