North America / Market profile
A research starting point for understanding Canada from an Indian business perspective.
Last updated: 4 October 2026
CanadaIndia-focused research
Source: World Bank country metadata
View sourceKey indicators for the selected market. Country indicators are dated; trade figures use the latest available year.
41.26M
2024
World Bank
View sourceUS$2270.08B
2024
World Bank
View source2.0%
2024
World Bank
View sourceUS$501.20B
2024
WTO Tariff & Trade Data, WTO IDB
View sourceWorld Bank indicators and WTO IDB merchandise imports refer to 2024. Imports exclude services. Canadian local time rules require location-specific verification; changes after the cited NRC guidance's November 2025 update were not fully verified.
Last verified: 4 October 2026
Data years: Population: 2024; GDP: 2024; GDP growth: 2024; Import market size: 2024
Historical exports and leading recorded products, not a forecast of demand.
US$5.36B
+5.7% YoYIndia exports to Canada (2024)
Source: CEPII BACI HS17 via India Trade Routes
Recorded route summary
India recorded exports to Canada in every BACI year from 2017 to 2024. In 2024, India's exports to Canada were $5.36B, up 5.7% year over year. The 3 largest HS6 products by value were Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale (HS 300490, $471.3M, 8.8% of the total); Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof (HS 711319, $174.5M, 3.3% of the total); Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils (HS 271000, $147.3M, 2.7% of the total).
HS6 300490
HS6 711319
HS6 271000
Four research lenses to understand the market, not a recommendation to enter it.
Canada recorded US$501.20B of merchandise imports in 2024. Investigate product-specific buyers before drawing demand conclusions.
Source: WTO Tariff & Trade Data, WTO IDB (2024)
View sourceCheck the linked evidence and its date before acting.
Review location, delivery, product fit, language requirements and customer support.
This research guidance has no linked supporting evidence yet.
Official Global Affairs Canada information describes CEPA as in negotiations. Do not assume preferential tariff treatment.
Source: Global Affairs Canada
View sourceCheck the linked evidence and its date before acting.
Assess provincial or territorial operating requirements, staffing and costs before committing.
This research guidance has no linked supporting evidence yet.
Choose a research focus. No sector has been established as an opportunity in this country.
Possible routes to evaluate, not recommendations for this country.
Evaluate contracting, fulfilment and support responsibilities.
01Indian business
02Entry route
03Buyer or partner
04Local operations
05Expansion
Check these against your product, HS code and business model.
What to check
Define the buyer and location and test product-specific demand.
What to check
Verify admissibility, classification, valuation, CARM and declaration obligations using CBSA guidance.
What to check
CEPA is described as in negotiations by the cited official source. Verify current status and do not assume eligibility.
What to check
Verify product, activity and province or territory requirements.
What to check
Obtain entity and transaction-specific advice; tax treatment is not established in this profile.
What to check
Compare costs, control, responsibilities and fulfilment without recommending a route.
Verify current requirements with the relevant authority before acting. This is not legal or tax advice.
Corporations Canada outlines federal incorporation. Verify whether federal or provincial or territorial establishment is appropriate.
Source: Corporations Canada
View sourceCorporations Canada outlines federal incorporation. Verify whether federal or provincial or territorial establishment is appropriate.
Relevant source: Corporations Canada
Last verified: 4 October 2026
View sourceCBSA's guide covers admissibility, classification, valuation, CARM, release and accounting. Verify requirements for the goods and transaction.
Source: CBSA
View sourceCBSA's guide covers admissibility, classification, valuation, CARM, release and accounting. Verify requirements for the goods and transaction.
Relevant source: CBSA
Last verified: 4 October 2026
View sourceVerify federal, provincial or territorial and transaction tax obligations with qualified advisers.
Verify federal, provincial or territorial and transaction tax obligations with qualified advisers.
Verify applicable federal and provincial privacy requirements for the data and services involved.
Verify applicable federal and provincial privacy requirements for the data and services involved.
Verify standards, conformity, labelling and approvals for the actual product.
Verify standards, conformity, labelling and approvals for the actual product.
Identify the relevant regulator and verify activity permissions.
Identify the relevant regulator and verify activity permissions.
Explore sourced bilateral information relevant to Indian businesses.
No institutional endorsement or partnership is implied.
CanadaExplore recorded exports and products in the trade section above.
View trade dataGlobal Affairs Canada lists CEPA's status as in negotiations on a page modified 18 February 2026. This does not establish an agreement in force.
Source: Global Affairs Canada
Global Affairs Canada lists CEPA's status as in negotiations on a page modified 18 February 2026. This does not establish an agreement in force.
Use the source and its scope to guide further research; no relationship or tariff entitlement is implied.
Source: Global Affairs Canada
Last verified: 4 October 2026
View sourceThe Indian High Commission in Ottawa provides commerce and bilateral resources. No endorsement is implied.
Source: Indian High Commission Ottawa
The Indian High Commission in Ottawa provides commerce and bilateral resources. No endorsement is implied.
Use the source and its scope to guide further research; no relationship or tariff entitlement is implied.
Source: Indian High Commission Ottawa
Last verified: 4 October 2026
View sourceIdentify potential partners through further research. No relationship or endorsement is implied.
Identify potential partners through further research. No relationship or endorsement is implied.
Use the source and its scope to guide further research; no relationship or tariff entitlement is implied.
Consult official High Commission resources and verify the date and scope.
Source: Indian High Commission Ottawa
Consult official High Commission resources and verify the date and scope.
Use the source and its scope to guide further research; no relationship or tariff entitlement is implied.
Source: Indian High Commission Ottawa
Last verified: 4 October 2026
View sourceIdentify the product, HS code and operating province or territory. Verify buyers, imports, approvals and taxes before comparing routes.
Understand the market
Identify relevant sectors
Assess your readiness
Evaluate entry routes
Identify partners
Build an expansion plan
Discover → Prepare → Connect → Expand
Source and research starting points for this country briefing.
Start with your business context before drawing conclusions about a market.
Made with Levo
