G20 and India
From Indpaedia
(Difference between revisions)
(Created page with "{| Class="wikitable" |- |colspan="0"|<div style="font-size:100%"> This is a collection of articles archived for the excellence of their content.<br/> </div> |} [[Category:Ind...") |
|||
Line 16: | Line 16: | ||
[[File: trade1.jpg|Export(goods), growth and share in world exports:2002 and 2013- India and G20;Source:Statistical Year Book, India:2015;exports figures in billion USD|frame|500px]] | [[File: trade1.jpg|Export(goods), growth and share in world exports:2002 and 2013- India and G20;Source:Statistical Year Book, India:2015;exports figures in billion USD|frame|500px]] | ||
''' Trading Places ''' | ''' Trading Places ''' | ||
+ | |||
The G-20 is a group of the world's 19 major economies and the European Union. Together, they account for about 80% of world trade. A comparison of exports from these economies shows that between 2002 and 2013, the compound annual growth rate (CAGR) of merchandise exports from India was 18.3%, second only to China, whose exports grew at 19% annually. Despite this, India's exports were only 1.7% of global exports, against 12% for China, which has the highest share. The US and Germany's shares were 8.6% and 7.9% respectively, second and third highest though the EU's share as a block was more. | The G-20 is a group of the world's 19 major economies and the European Union. Together, they account for about 80% of world trade. A comparison of exports from these economies shows that between 2002 and 2013, the compound annual growth rate (CAGR) of merchandise exports from India was 18.3%, second only to China, whose exports grew at 19% annually. Despite this, India's exports were only 1.7% of global exports, against 12% for China, which has the highest share. The US and Germany's shares were 8.6% and 7.9% respectively, second and third highest though the EU's share as a block was more. |
Revision as of 18:03, 9 February 2015
This is a collection of articles archived for the excellence of their content. |
Trade:India and the G20
Jan 31 2015
Trading Places
The G-20 is a group of the world's 19 major economies and the European Union. Together, they account for about 80% of world trade. A comparison of exports from these economies shows that between 2002 and 2013, the compound annual growth rate (CAGR) of merchandise exports from India was 18.3%, second only to China, whose exports grew at 19% annually. Despite this, India's exports were only 1.7% of global exports, against 12% for China, which has the highest share. The US and Germany's shares were 8.6% and 7.9% respectively, second and third highest though the EU's share as a block was more.