Canada-India Trade Corridor — 2026
Bilateral trade architecture, top sectors, and key counterparty exposures.
Canada-India trade corridor flows ~$10B in goods and ~$3-4B in services annually. The relationship is anchored by complementary commodity flows (Canadian pulses, fertilizers, energy → India) and labour-intensive manufactures + IT services flowing in the opposite direction. A 1.6M+ strong Indian diaspora amplifies people-to-people and remittance corridors.
A bilateral Early Progress Trade Agreement (EPTA) and a Comprehensive Economic Partnership Agreement (CEPA) have been under negotiation for over a decade. Periodic diplomatic frictions slow formal progress but commercial flows continue. Education services (~250K+ Indian students in Canada) are a significant adjacent flow.
Top sectors & sub-sectors
| Sector | Notes |
|---|---|
| Canada → India · Pulses | Lentils, chickpeas · MOPP (Minimum Off-take Price) sensitive |
| Canada → India · Potash | Canpotex consortium · agricultural fertilizer |
| Canada → India · Crude oil | Light sweet crude · India energy diversification |
| Canada → India · Uranium | Civilian nuclear cooperation post-2010 |
| Canada → India · Education | ~250K+ students · ~$5B annual fee + living |
| India → Canada · IT services | Infosys, TCS, Wipro Canadian operations |
| India → Canada · Pharmaceuticals | Generics · Health Canada approvals |
| India → Canada · Gems & jewellery | Cut + polished diamonds · Canadian rough origin |