India-Canada Trade: 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). Over the past 5 years the exports of India to Canada have increased at an annualized rate of 14%, from $2.79B in 2017 to $5.37B in 2022.
In 2022, India did not export any services to Canada.
Canada-India Trade: In 2022, Canada exported $4.32B to India. The main products that Canada exported to India were Coal Briquettes ($1.02B), Potassic Fertilizers ($733M), and Dried Legumes ($305M). Over the past 5 years the exports of Canada to India have decreased at an annualized rate of 0.2%, from $4.37B in 2017 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.
Comparison: In 2022, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).