India–Canada trade recorded a 10 percent growth in 2024, reaching USD 23 billion, underscoring the strengthening economic partnership between the two countries. The rise reflects expanding cooperation across sectors including technology, agriculture, energy, and services.
Officials highlighted that the growth in bilateral trade demonstrates resilience amid global economic challenges and points to the potential for deeper collaboration. Enhanced market access and diversified trade flows have contributed to the upward trajectory.
Industry experts noted that the increase in trade volumes will benefit businesses and consumers in both nations, while also creating new opportunities for investment and innovation. The development is expected to further reinforce economic ties and build confidence among stakeholders.
The milestone of USD 23 billion marks a significant step in India–Canada relations, with both governments reiterating their commitment to expanding cooperation and fostering sustainable growth in the years ahead.
