India–Canada trade expanded by 10 percent in 2024, reaching USD 23 billion, underscoring the strengthening economic partnership between the two nations. The growth reflects resilience in bilateral relations and highlights opportunities for deeper collaboration across diverse sectors.
Officials noted that the rise in trade volumes has been driven by increased cooperation in technology, agriculture, energy, and services. Enhanced market access and diversified trade flows have contributed to the upward trajectory, benefiting businesses and consumers in both countries.
Industry experts emphasized that the milestone demonstrates the potential for greater investment and innovation, while reinforcing confidence among stakeholders. The expansion is expected to pave the way for new initiatives that further strengthen economic ties.
Both governments reiterated their commitment to fostering sustainable growth and expanding cooperation, with the USD 23 billion mark seen as a significant step in advancing India–Canada relations.
