Institute for Social and Economic Change

Established in 1972 by Professor V K R V Rao, ISEC is an All-India Institute for Interdisciplinary Research and Training in the Social Sciences

An Analysis of Bilateral Trade between Canada and India – isec

An Analysis of Bilateral Trade between Canada and India

Abstract

This paper explains the characteristics of the bilateral trade between Canada and India and analyses whether trade between both the countries is complementary or competitive. The analysis is based on the International Trade Centre (ITC) database for the years 2001-2015. The key findings of the paper help us to argue that over the years, India has emerged as an important trading partner for Canada, and there exists a strong comparative advantage in bilateral trade for both countries. Export and import intensities, which are less than unity, indicate the future prospects for the increasing trade participation between the countries. In this context, we argue for further research in this area, specifically non-tariff measures and trade facilitation issues affecting exporters of both countries.

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