India / Canada

Overview In June 2024, India exported $336M and imported $295M from Canada, resulting in a positive trade balance of $41.7M. Between June 2023 and June 2024 the exports of India have increased by $39M (13.1%) from $297M to $336M, while imports decreased by $-62.7M (-17.5%) from $357M to $295M.

Trade In June 2024, the top exports of India to Canada were Drug Formulations, Biologicals ($38.4M), Products Of Iron And Steel ($24.4M), Cotton Fabrics, Madeups Etc. ($15.8M), Telecom Instruments ($15.7M), and Rmg Cotton Incl Accessories ($14.7M). In June 2024 the top imports of India from Canada were Bulk Minerals And Ores ($101M), Coal,Coke And Briquittes Etc ($88.5M), Iron And Steel ($58M), Pulses ($44.2M), and Pulp And Waste Paper ($30.5M).

Growth In June 2024, the increase in India's year-by-year exports to Canada was explained primarily by an increase in product exports in Telecom Instruments ($15.5M or 7.57k%), Other Oil Seeds ($9.04M or 747%), and Drug Formulations, Biologicals ($7.51M or 24.3%). In June 2024, the decrease in India's year-by-year imports  from Canada was explained primarily by an decrease in product imports  in Pearl, Precs, Semiprecs Stones ($-50M or -99.5%), Paper, Paper Board And Product ($-3.56M or -34.3%), and Aluminium, Products Of Aluminm ($-2.61M or -29.1%).