2026 Trade Outlook: Canada Export Statistics and Trends for India

Identify emerging opportunities and navigate market shifts in the Canada-India trade corridor for the 2026 fiscal year.

$3.7 b

Market Size

Green peas

CUSMA

In force FTA

~7.64%

Market Growth Rate

Canada’s 2026 Exports to India: A Market Analysis by the Numbers

AI Insight

Canada’s export trajectory to India remains resilient, stabilizing at $3.7 billion in 2024. The market is defined by a strategic shift toward food security and industrial essentials. Green peas and lentils anchor the agricultural segment, with peas showing a remarkable 1,399% growth. Meanwhile, coal and potassium chloride maintain strong competitive positions. Despite minor fluctuations in total value since 2022, the rapid expansion in energy and mineral sectors underscores Canada’s vital role as a primary resource supplier for India’s growing economy.

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5-Year Export Trajectory for Canada's to India's

AI Insight

Canada's exports to India reached a five-year peak of $4.1 billion in 2022. Although 2024 saw a slight decrease to $3.7 billion, the current trade volume remains significantly higher than the 2020 levels of $2.7 billion, indicating a sustained and strengthened trade partnership over the last five years despite recent stabilization.

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Top 10 Exports from Canada's to India's

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Agricultural products are the primary export drivers, with green peas ($556M) and lentils ($429M) leading the 2024 rankings. Industrial and energy commodities like coal, potassium chloride, and newsprint also feature prominently, highlighting Canada's role as a critical supplier of raw materials and food security for the Indian market.

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Comparative Analysis of Export Expansion Rates

Compare export growth rates across markets and products to identify outperforming segments and strategic opportunities.

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9.5%Annual Growth

AI Insight

The data reveals a growth rate of 9.48%, indicating a strong upward trend in market performance.

This significant expansion suggests robust sector momentum and reflects positive development within the analyzed period, pointing toward continued economic health and potential for future scaling.

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High-Potential Categories in the India's Market

AI Insight

Green peas experienced an exceptional growth rate of 1,399% in 2024, signaling a massive shift in market demand. Other high-growth categories include petroleum crude oil and copper, reflecting India's increasing diversification and demand for Canadian energy and mineral resources.

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India’s Import Regulations

Before Shipment

Importers must obtain an Import Export Code (IEC) from DGFT. Specific goods require BIS certification or FSSAI licenses. Phytosanitary certificates are needed for plants and seeds. Pre-shipment inspection certificates apply to metal scrap and specific used machinery.

Documentation Required

Essential documents include the Commercial Invoice, Bill of Lading or Airway Bill, Packing List, Certificate of Origin, and the Bill of Entry. Additional permits like insurance certificates or specific regulatory licenses may be required depending on the product category.

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How to Benefit from India’s Free Trade Agreements

Gain a cost advantage. Use India’s expansive trade network to secure zero-tariff access and outpace your competitors.

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CUSMA
CPTPP
CETA
India-UAE CEPA
India-Australia ECTA

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