The Exporting Québec initiative puts forth a strategy of specialization targeting international markets that offer major development potential for Quebec-based SMEs.
Due to its global economic importance and the many business opportunities it has to offer, India is one of the key business pillars for the international positioning of Canadian companies.
India
To support the exponential acceleration of its international trade, India is seeking international economic partners to maintain its development and satisfy its expertise and investment needs. With this in mind, it is opening up to the outside a little more every day.
India is:
- Rapid economic development with accelerated growth of over 7% on average over the last decade
- A population of 1,215.9 million inhabitants (2010), making it the most heavily populated democracy in the world
- An emerging middle class of over 300 million consumers promising sustainable profits from the growth of investments and from spending
- Continued government commitment to the liberalization of its investment regime
The Indian market represents:
- A nominal GDP of US $1.538 trillion in 2010
- Real GDP growth of 7.5% in 2011 (versus 8.8% in 2010)
- Main imports:
- Mineral fuels (37%)
- Industrial machinery and equipment (16%)
- Precious metals and gems (11%)
Economic Indicators
|
|
2006-2010 (avg.)
|
2010
|
2011
|
2012
|
|
GDP (% growth, real)
|
8.4
|
8.8
|
7.5
|
7.6
|
|
Inflation (%)
|
8.8
|
12.0
|
7.0
|
5.5
|
|
Export growth (%)
|
18.9
|
34.1
|
32.2
|
16.5
|
|
Import growth (%)
|
20.3
|
30.3
|
26.1
|
13.3
|
Sources: EIU, EDC Economics
Canada-Quebec / India relations today
- Canada and India have concluded negotiations on an agreement for the promotion and protection of investments, and discussions on an eventual free trade agreement are also in development.
- There is a network of well-established expatriates and immigrants in Canada.
- There is widespread knowledge of the English language in the Indian business milieu.
- The country’s legal system is highly inspired by British Common Law.
Our specialized, turnkey services for this promising market
To learn more
Export Development Canada
A guide on insurance, financing, and bonding for Canadian businesses
Department of Economic Development, Innovation and Export Trade
Market fact sheets, reading list, trade missions, resource people, and products imported and exported by Quebec
Trade Commissioner Service – Foreign Affairs and International Trade Canada
Virtual trade commissioner, market studies, funding opportunities
The Exporting Québec initiative puts forth a strategy of specialization targeting international markets that offer major development potential for Quebec-based SMEs.
Due to its global economic importance and the many business opportunities it has to offer, China is one of the key business pillars for the international positioning of Canadian companies.
China is:
- Canada’s second largest trade partner in bilateral trade volume
- In 2020, China will be the greatest economic power and will then represent close to 40% of the world’s production according to the World Bank’s forecast
- A population of over 1.3 billion inhabitants
- Special access to the ten ASEAN countries, with which China entered into free trade in 2010
- Increasing international pressure to drive up the value of Chinese currency, the Yuan, which would make it easier for the Chinese to purchase foreign products
The Chinese market represents:
- A nominal GDP of US $5.878 trillion in 2010
- Principal imports in the electrical and electronics sector (24%), and industrial machinery and equipment sector (21%)
Economic Indicators
|
|
2005-2009 (avg.)
|
2010
|
2011
|
2012
|
|
GDP (% growth, real)
|
9.2
|
10.3
|
9.3
|
8.8
|
|
Inflation (%)
|
-0.7
|
3.2
|
5.4
|
4.0
|
|
Exports (%)
|
-15.9
|
31.3
|
20.0
|
11.9
|
|
Imports (%)
|
-11.2
|
38.6
|
25.4
|
13.2
|
Sources: EIU, EDC Economic
Economic Outlook
Export Development Canada Economics expects growth in China to moderate to 9.3% in 2011 and to 8.8% in 2012.
Canada-Quebec / China relations today
- Currently, one of Canada’s main foreign policy objectives is to strengthen its economic ties to China.
- China is Canada’s fastest-growing major trading partner. Since 2001, the value of trade between the two countries has tripled.
- Whereas wheat was once Canada’s principal export product to China, Canada now exports several other products, including motor vehicle parts, telecommunications equipment, and chemical products.
- Since 1994, Canada and China have had an agreement to promote and protect foreign investments in order to facilitate trade between the two countries.
- In 2007, the two countries signed an agreement on scientific and technological cooperation to stimulate common research and development activities.
Our specialized, turnkey services for this promising market
- La Presse– special section on China and India (FRENCH ONLY)
Publication date: Friday, November 18, 2011
- Training on business culture in China
April 18, 2012
Master cultural differences in business
- Seminar on business opportunities in China
March 15, 2012
Network with experts and entrepreneurs active in the region
To learn more
Export Development Canada
A guide on insurance, financing, and bonding for Canadian businesses
Department of Economic Development, Innovation and Export Trade
Market fact sheets, reading list, trade missions, resource people, and products imported and exported by Quebec
Trade Commissioner Service – Foreign Affairs and International Trade Canada
Virtual trade commissioner, market studies, funding opportunities
