Canada is second home for Sikh in India for settling abroad. India imported natural pearls, precious stones, metals and edible vegetables while exported steel, pharmaceutical and organic chemicals with Canada. India has 2.2 billion US dollars trade deficit with Canada in 2017-18.
Key Points of India Canada trade balance in 5 years
- Export to Canada increased by 25.1% in FY 2017-18
- Import from Canada decreased by 14.5%
- India’s export to Canada in 5 years is highest in 2017-18 at 2.5 billions USD.
- India’s import from Canada is highest in 2017-18 at 4.7 billions USD.
- Trade balance is in favor of Canada in tune of 2.2 billions USD.
- India’s total export was highest in 2013-14 at 314 billion USD in last 5 years.
- India’s import from Canada is up and it has been increased by 50% since 2013-14
Also Read, India Argentina trade balance analysis for 5 years : 2013- 2018
Top 25 commodity imported from Canada by India in 2017-18
| Country: Canada, Values in Million $ US | ||||
| S.No. | Commodity | 2016-2017 | 2017-2018 | %Growth |
| 1 | Natural Or Cultured Pearls,Precious Or Semiprecious Stones,Pre.Metals,Clad With Pre.Metal And Articles Jewellery; Coin. | 903 | 1,216.09 | 34.67 |
| 2 | Edible Vegetables And Certain Roots And Tubers. | 1,155.88 | 706.78 | -38.85 |
| 3 | Mineral Fuels, Mineral Oils And Products Of Their Distillation; Bituminous Substances; Mineral Waxes. | 397.22 | 675.72 | 70.11 |
| 4 | Ores, Slag And Ash. | 159.27 | 351.69 | 120.82 |
| 5 | Aircraft, Spacecraft, And Parts Thereof. | 257.7 | 329.86 | 28 |
| 6 | Fertilizers. | 257.68 | 304.24 | 18.07 |
| 7 | Nuclear Reactors, Boilers, Machinery And Mechanical Appliances; Parts Thereof. | 183.03 | 226.82 | 23.92 |
| 8 | Pulp Of Wood Or Of Other Fibrous Cellulose Material; Waste And Scrap Of Paper Or Paperboard. | 173.77 | 207.11 | 19.18 |
| 9 | Paper And Paperboard; Articles Of Paper Pulp, Of Paper Or Of Paperboard. | 174.42 | 155.85 | -10.65 |
| 10 | Electrical Machinery And Equipment And Parts Thereof; Sound Recorders And Reproducers, Television Image And Sound Recorders And Reproducers,And Parts. | 66.51 | 128.45 | 93.14 |
| 11 | Iron And Steel | 61.69 | 74.67 | 21.05 |
| 12 | Optical, Photographic Cinematographic Measuring, Checking Precision, Medical Or Surgical Inst. And Apparatus Parts And Accessories Thereof; | 44.78 | 51.21 | 14.34 |
| 13 | Nickel And Articles Thereof. | 49.53 | 43.64 | -11.88 |
| 14 | Plastic And Articles Thereof. | 39.73 | 36.2 | -8.9 |
| 15 | Organic Chemicals | 21.24 | 35.57 | 67.49 |
| 16 | Miscellaneous Chemical Products. | 21.28 | 24.04 | 12.97 |
| 17 | Other Made Up Textile Articles; Sets; Worn Clothing And Worn Textile Articles; Rags | 16.16 | 21.09 | 30.54 |
| 18 | Aluminum And Articles Thereof. | 11.21 | 16.71 | 49.11 |
| 19 | Pharmaceutical Products | 10.53 | 14.13 | 34.18 |
| 20 | Articles Of Iron Or Steel | 6.33 | 11.9 | 88.05 |
| 21 | Inorganic Chemicals; Organic Or Inorganic Compounds Of Precious Metals, Of Rare-Earth Metals, Or Radi. Elem. Or Of Isotopes. | 12.94 | 11.24 | -13.13 |
| 22 | Wood And Articles Of Wood; Wood Charcoal. | 5.91 | 10.26 | 73.61 |
| 23 | Copper And Articles Thereof. | 5.63 | 8.25 | 46.63 |
| 24 | Other Base Metals; Cermet; Articles Thereof. | 3.19 | 7.21 | 126.23 |
| 25 | Tanning Or Dyeing Extracts; Tannin And Their Deri. Dyes, Pigments And Other Coloring Matter; Paints And Ver; Putty And Other Mastic; Inks. | 7 | 6.54 | -6.51 |
Top 25 commodities exported to Canada by India in 2017-18
| Country: Canada, Values in Million $ US | ||||
| S.No. | Commodity | 2016-2017 | 2017-2018 | %Growth |
| 1 | Articles Of Iron Or Steel | 132.24 | 250.45 | 89.39 |
| 2 | Pharmaceutical Products | 154.12 | 183.07 | 18.79 |
| 3 | Organic Chemicals | 174.77 | 182.15 | 4.23 |
| 4 | Vehicles Other Than Railway Or Tramway Rolling Stock, And Parts And Accessories Thereof. | 64.12 | 167.13 | 160.64 |
| 5 | Nuclear Reactors, Boilers, Machinery And Mechanical Appliances; Parts Thereof. | 110.93 | 144.48 | 30.25 |
| 6 | Articles Of Apparel And Clothing Accessories, Not Knitted Or Crocheted. | 127.38 | 124.21 | -2.49 |
| 7 | Other Made Up Textile Articles; Sets; Worn Clothing And Worn Textile Articles; Rags | 119.68 | 123.82 | 3.46 |
| 8 | Fish And Crustaceans, Molluscs And Other Aquatic Invertebrates. | 85.72 | 123.6 | 44.2 |
| 9 | Natural Or Cultured Pearls,Precious Or Semiprecious Stones,Pre.Metals,Clad With Pre.Metal And Coin. | 123.53 | 108.88 | -11.85 |
| 10 | Articles Of Apparel And Clothing Accessories, Knitted Or Crocheted. | 101.52 | 107.96 | 6.34 |
| 11 | Plastic And Articles Thereof. | 61.62 | 83.97 | 36.28 |
| 12 | Electrical Machinery And Equipment And Parts Thereof; Sound Recorders And Reproducers, Television Image And Sound Recorders And Reproducers,And Parts. | 44.42 | 53.87 | 21.27 |
| 13 | Oil Seeds And Olga. Fruits; Misc. Grains, Seeds And Fruit; Industrial Or Medicinal Plants; Straw And Fodder. | 41.43 | 52.43 | 26.54 |
| 14 | Cereals. | 35.3 | 51.71 | 46.47 |
| 15 | Rubber And Articles Thereof. | 28.56 | 44.88 | 57.15 |
| 16 | Aluminum And Articles Thereof. | 15.18 | 42.1 | 177.36 |
| 17 | Coffee, Tea, Mate And Spices. | 38.93 | 41.5 | 6.61 |
| 18 | Furniture; Bedding, Mattresses, Mattress Supports, Cushions And Similar Stuffed Furnishing; Lamps And Lighting Fittings Not Elsewhere Specified Or Inc | 30.64 | 37.47 | 22.28 |
| 19 | Iron And Steel | 30.26 | 37 | 22.27 |
| 20 | Articles Of Leather,Saddlery And Harness;Travel Goods, Handbags And Similar Cont.Articles Of Animal Gut(Other Than Silk-Worm)Gut. | 32.19 | 35.51 | 10.33 |
| 21 | Articles Of Stone, Plaster, Cement, Asbestos, Mica Or Similar Materials. | 33.79 | 32.42 | -4.06 |
| 22 | Preparations Of Meat, Of Fish Or Of Crustaceans, Molluscs Or Other Aquatic Invertebrates | 26.88 | 28.55 | 6.23 |
| 23 | Salt; Sulfur; Earths And Stone; Plastering Materials, Lime And Cement. | 18.32 | 28.3 | 54.46 |
| 24 | Man-Made Filaments. | 22.56 | 26.28 | 16.48 |
| 25 | Carpets And Other Textile Floor Coverings. | 27.57 | 24.15 | -12.41 |
Source Ministry of Commerce and Industry, India