Canada India Trade ASHNEET, ANEL, MONA, SAAD & SAAD

Introduction This report will analyze the trade between Canada and India. It will discuss the amount and percentage of trade through exports, imports and trade balance along with the historical growth, trade agreements, barriers of trade, and prospects of trade. It will conclude that over the past 10 years the trade between Canada and India has increased by over 70% that represents the potential growth of development in the future.

Exports

Imports

Percent of Canada’s Imports & Exports in India Canadian Imports from IndiaCanadian Exports to India Organic chemicals12.83%Edible vegetables, roots and tubers22.6% Iron or steel articles8.95%Aircraft and spacecraft12.45% Pearls. Precious stones or metals7.54%Paper and paperboard7.90% Boilers, mechanical appliances5.94%Pearls, precious stones or metals7.41% Woven clothing and apparel articles5.54%Mineral fuels, oils7.11% Pharmaceutical products5.37%Fertilizers6.75% Other textile articles4.27%Wood pulp; paper or paperboard scraps6.53% Mineral fuels, oils3.98%Boilers, mechanical appliances5.28% Knitted or crocheted apparel3.93%Iron and steel4.39% Electrical machinery and equipment3.33%Ores, slag and ash3.83% Top 10 as % of Total from India61.67%Top 10 as % of Total to India83.80% Indian Imports as % of Canadian Total0.62%Indian Exports as % of Canadian Total0.53%

Trade Balance

Historical Growth

Trade Agreement

Barriers of Trade  Implement Swiss formula  Tariffs in certain industrial sectors could be eliminated

EXPORTS TO INDIA BY PROVINCE/TERRORITY (2012)

Annual Growth between India and Canada

Foreign Direct Investment  The opportunities  The fear of holding back  Canadian Investments VS US Investments

Future Relations  The Rupee’s weakness  EU Investors  FDI could be under speculation

Conclusion  Canada’s exports and imports to India have decreased Decrease in deficits and an increase in surplus despite  Historical growth of trade has increased by 70% over the past 10 years.  Trade Agreement  Imports from India have also increased to over 62%  Foreign direct investment allows 100 percent ownership by foreign investors