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Press Information Bureau
Government of India
Ministry of Micro,Small & Medium Enterprises
26-April-2012 17:45 IST
Trade Between India and Canada in MSME Sector
GOVERNMENT OF INDIA

 

Indo-Canada Chamber of Commerce alongwith Confederation of Indian Industry and India-Canada Business Chamber had organized a session on “India-Canada Partnership- the way forward” on 6th January 2012 at New Delhi.

 

The objective was to create awareness on the business opportunities available including in SME Sector.  Minister for Micro, Small and Medium Enterprises was the Guest of Honour at the event and there was a 30-member business delegation from Canada, led by the Mayor of Markham.

 

Department of Commerce maintains trade related data with respect to countries/regions and commodities. The details of bilateral trade between India and Canada, including that of the Micro, Small and Medium Enterprises sector, during the last three years are as under:

 

 (In US$ Million)

Year

Exports to Canada

Import from Canada

Total Trade

Trade Balance

2008-09

1364.41

2458.65

3823.06

-1094.24

2009-10

1122.77

2097.35

3220.12

-974.58

2010-11

1361.29

2029.98

3391.27

-668.69

 

Issues related to cooperation to enhance bilateral trade and investment are discussed in Institutional Mechanisms such as the Commercial Dialogue & Trade Policy Forums.

 

This information was given by the Union Cabinet Minister for Micro, Small and Medium Enterprises, Shri Virbhadra Singh in a written reply to a question in the Lok Sabha today.

 

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