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India-Canada trade sees double-digit growth amid PM Modi's December visit

Data comes as the two countries had what experts described as one of the “biggest weeks” in bilateral relations.

India-Canada trade sees double-digit growth amid PM Modi's December visit

Merchandise trade between Canada and India has experienced a significant increase, reaching double-digit growth between January and August 2026, according to Statistics Canada data. Canada's exports to India amounted to CA$3.03 billion, a 36.7% increase compared to the same period last year. The metals and minerals sector led this surge, accounting for 41% of the exports.

Imports from India were CA$7.05 billion, up 10.2% year-over-year. This growth comes despite the ongoing negotiations for a Comprehensive Economic Partnership Agreement (CEPA). Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney had a telephone conversation, and Canadian Foreign Affairs Minister Anita Anand visited India, leading a trade mission with nearly 300 representatives.

Sidhu met with Indian Commerce Minister Piyush Goyal to advance CEPA negotiations, which have already seen five rounds of talks, with a target to conclude by December. The visit is seen as a strong boost for the bilateral relationship, with the momentum expected to continue.

Written by urgent.news from Hindustan Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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