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In 2023, bilateral trade between India and Canada was valued at $9.36 billion with the Indian exports to Canada worth $5.56 billion and Canadian exports to India valued at $3.80 billion. [26] In July 2024, India accounted for 0.74% ($0.74 billion) of Canada's total trade of $99.04 billion and Canada accounted for 0.82% of India's total trade of ...
The Canada–India Free Trade Agreement is a free trade agreement which is currently at negotiation level, between Canada and India. [1] [2] [3] ...
These two goods are constituting 53% total imports, 34% total exports and nearly 100% of total trade deficit (136 billion US$) of India in the financial year 2013–14. [2] The services trade (exports and imports) are not part of commodities trade. The trade surplus in services trade is US$70 billion in the year 2017–18. [3]
Canada's suspicions that India was involved in Nijjar's death prompted the country to pause talks on a trade treaty and expel each other's diplomats last September. Contributing: Reuters
India expelled a senior Canadian diplomat on Tuesday and accused Canada of interfering in its internal affairs, ramping up a confrontation between the two countries over accusations that the ...
In 2023, both countries expelled members of each other's diplomatic staff and advised their citizens against traveling to the other; Canada closed three consulates in India. In October 2024, Canada expelled Sanjay Kumar Verma, the Indian High Commissioner to Canada, along with five other diplomats. India retaliated with six expulsions of its own.
Canada's Deputy High Commissioner to India, Stewart Wheeler, left, leaves after meeting with officials at the Indian government's Ministry of External Affairs, in New Delhi, India, on Monday, Oct ...
As of 2023, India is the seventh largest exporter of commercial services in the world, [12] accounting for 4.6% of global trade in services. India's service exports grew by 27%. [13] In September, India's prominent services industry experienced an acceleration in growth, buoyed by robust demand in the sector.