Summary
- Canada → India
- $5.4billion
- India → Canada
- $5.5billion
- Canada’s balance
- -$67million
Balance
Canada’s trade balance with India
Trade between Canada and India grew 13.5-fold since 1995
USD billions (current). Canada’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 5.4
- Imports 5.5
- Balance -0.1
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $394 million | $417 million | -$22 million |
| 1996 | $336 million | $466 million | -$130 million |
| 1997 | $450 million | $577 million | -$128 million |
| 1998 | $406 million | $658 million | -$252 million |
| 1999 | $402 million | $752 million | -$351 million |
| 2000 | $438 million | $909 million | -$471 million |
| 2001 | $524 million | $784 million | -$261 million |
| 2002 | $604 million | $884 million | -$279 million |
| 2003 | $663 million | $1 billion | -$375 million |
| 2004 | $873 million | $1.2 billion | -$369 million |
| 2005 | $1 billion | $1.5 billion | -$462 million |
| 2006 | $1.6 billion | $1.7 billion | -$106 million |
| 2007 | $2 billion | $1.8 billion | $236 million |
| 2008 | $2.4 billion | $2.1 billion | $318 million |
| 2009 | $2.3 billion | $1.8 billion | $537 million |
| 2010 | $2.2 billion | $2 billion | $131 million |
| 2011 | $2.6 billion | $2.5 billion | $87 million |
| 2012 | $2.9 billion | $2.8 billion | $93 million |
| 2013 | $3.1 billion | $2.9 billion | $196 million |
| 2014 | $3.5 billion | $2.9 billion | $617 million |
| 2015 | $3.8 billion | $3 billion | $885 million |
| 2016 | $3.9 billion | $2.8 billion | $1.1 billion |
| 2017 | $5.2 billion | $3.1 billion | $2.1 billion |
| 2018 | $3.8 billion | $3.9 billion | -$130 million |
| 2019 | $4.6 billion | $3.9 billion | $675 million |
| 2020 | $3.1 billion | $3.7 billion | -$645 million |
| 2021 | $3.2 billion | $4.8 billion | -$1.6 billion |
| 2022 | $4.7 billion | $6.4 billion | -$1.7 billion |
| 2023 | $7.1 billion | $5.3 billion | $1.7 billion |
| 2024 | $5.4 billion | $5.5 billion | -$67 million |
What they sell each other
What Canada sells to India
The top 10 headings in 2024, with their share of the total.
What India sells to Canada
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Vancouver and Nhava Sheva (Mumbai) is 9,803 nautical miles (18,155 km) long: ≈ 22.5–29 days at sea (at 18 and 14 knots).
Passages it crosses: Strait of Malacca and Singapore.
Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.
Split by transport mode
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
India was Canada’s 10th largest trading partner (1% of its trade), and Canada was India’s 28th (1%).
- India in Canada’s trade
- 1%
- India’s rank among Canada’s partners
- 10th
- Canada in India’s trade
- 1%
- Canada’s rank among India’s partners
- 28th
Compare with
Other partners of Canada
Other partners of India
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
Methodology
Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.