Canada-China Trade Deal Boosts Canola Exports, India's Role Explored

• Canada and China reached a new trade agreement, expected to open over $7 billion in new export markets for Canadian businesses.
• The deal significantly reduces tariffs on electric vehicles and canola, with China pledging to remove discriminatory tariffs on Canadian canola meal, lobster, crab, and peas.
• Canola, a mustard-like crop primarily grown for oil extraction, is a major Canadian export, with China being the largest importer.
• Previous Chinese tariffs on canola seeds and products led to a 10.4% decline in China's imports from Canada in 2025, causing losses for Canadian farmers.
• India's canola oil imports are generally low due to high domestic mustard/rapeseed production, but recent price hikes led to a 6000-ton import from the UAE in August 2025.

Why It Matters: New Canada-China trade deal revitalizes canola exports, impacting global markets and potentially India's import strategy.