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Strategic Lens

Energy: India and Canada

First country

Second country

In 2025, India sold USD 8.2 million of mineral fuels and oils to Canada and bought USD 2.29 billion from it.

Benefits

  • BothTwo-way trade in mineral fuels and oils grew 71 percent, from USD 1.35 billion in 2019 to USD 2.30 billion in 2025.

Constraints

  • BothFlows are one-sided: in 2025, Canada sold USD 2.29 billion of mineral fuels and oils, against USD 8.2 million the other way.

Sources: UN Comtrade (public preview API), annual goods trade, HS classification (retrieved 26 September 2026)

Last updated on 26 September 2026

The numbers

India's exports to Canada: mineral fuels and oils

USD million · 2019 to 2025, calendar years, as reported by India

2019: 47.3Low 0.8 / High 47.32025: 8.2

201947.3
20200.8
20211.6
20222.2
20231.9
20243.6
20258.2

Sources: UN Comtrade (public preview API), annual goods trade, HS classification (retrieved 26 September 2026)

Data retrieved 26 September 2026

India's imports from Canada: mineral fuels and oils

USD billion · 2019 to 2025, calendar years, as reported by India

2019: 1.3Low 0.63 / High 2.292025: 2.29

20191.3
20200.63
20210.72
20221.1
20232.03
20241.64
20252.29

Sources: UN Comtrade (public preview API), annual goods trade, HS classification (retrieved 26 September 2026)

Data retrieved 26 September 2026

More on this relationship

Benefits

  • IndiaA 2010 Nuclear Cooperation Agreement was followed in 2015 by a five-year contract to supply 3,000 metric tons of uranium concentrate.

Constraints

  • IndiaCanada froze nuclear assistance after India's 1974 test, which used a Canadian-supplied reactor.

Sources: Wikipedia: Canada–India relations (revision of 4 September 2026)

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