What is the contribution of trade in GDP of India in the year 2016?
What is the contribution of trade in GDP of India in the year 2016?
India Trade to GDP Ratio 1960-2021
| India Trade to GDP Ratio – Historical Data | ||
|---|---|---|
| Year | Trade (% of GDP) | Annual Change |
| 2018 | 43.60% | 2.86% |
| 2017 | 40.74% | 0.66% |
| 2016 | 40.08% | -1.84% |
What is the percentage of import and export in India?
India exports of goods and services as percentage of GDP is 18.41% and imports of goods and services as percentage of GDP is 21.14%.
What was the size of international trade in 2016?
Trends in global export value of trade in goods from 1950 to 2020 (in billion U.S. dollars)
| Characteristic | Export value in billion U.S. dollars |
|---|---|
| 2017 | 17,737.66 |
| 2016 | 16,043.2 |
| 2015 | 16,555.7 |
| 2014 | 19,007.21 |
What was the share of Indian export in world trade in 2016?
Exports and Imports of Product Groups 2016 India Raw materials exports were worth US$ 21,742 million, product share of 8.35%. India Raw materials imports were worth US$ 110,524 million, product share of 30.98%. India Intermediate goods exports were worth US$ 84,663 million, product share of 32.52%.
Which country has highest contribution of trade in GDP India or Brazil?
Comparing Economic Growth 9 Measured on a per capita basis, however, Brazil is far richer. Greater exposure to international markets appears to drive India’s growth. According to World Bank data, approximately 18.1% of India’s GDP was generated from exports compared to 16.9% for Brazil in 2020.
Which country has highest contribution of trade in GDP?
Singapore has the highest trade-to-GDP ratio of any country; between 2008 and 2011 it averaged about 400%.
What are the top 5 exports of India?
Also shown is the percentage share each export category represents in terms of overall exports from India.
- Electrical machinery, equipment: $13.5 billion (4.9%)
- Vehicles: $13 billion (4.7%)
- Iron, steel: $10.6 billion (3.9%)
- Cereals: $8.7 billion (3.1%)
- Plastics, plastic articles: $6.6 billion (2.4%)
Does India import more than export?
India Exports and Imports of Product Groups 2019 India Raw materials exports are worth US$ 23,153 million, product share of 7.16%. India Raw materials imports are worth US$ 160,775 million, product share of 33.57%. India Intermediate goods exports are worth US$ 100,490 million, product share of 31.09%.
How much has international trade increased?
World trade in goods has increased dramatically over the last decade, rising from about $10 trillion in 2005 to more than $18.5 trillion in 2014 to then fall in 2016 and rebound up to $17.5 trillion in 2017. Trade in services greatly increased between 2005 and 2017 (from about $2.5 trillion to more than $5 trillion).
What percentage of GDP is international trade?
Trade (% of GDP) in World was reported at 58.24 % in 2019, according to the World Bank collection of development indicators, compiled from officially recognized sources.
What is the percentage of India’s share in world trade?
India’s share of merchandise exports amounted to around 1.71 percent of the total global exports in 2019. Moreover, the share of commercial service exports from the country was higher at 3.5 percent during that same period.
What are the import and export statistics of India?
India Import & Export Trade Statistics. India’s Total Imports Stood USD 58650033224.75 and export stood USD 25107212989.131214 during 01-11-2016 to 24-11-2016. India’s trade deficit between 01-11-2016 and 24-11-2016 stood at USD 33542820235.619 (import-export value). During this period China was the Major supplier to India.
What are the statistics of trade between India and the US?
India had a total export of 294,364,490.16 in thousands of US$ and total imports of 444,052,353.84 in thousands of US$ leading to a negative trade balance of -149,687,863.67 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for India is 5.78% and the Most Favored Nation (MFN)…
Who is the owner of India trade data?
Through our India trade data, we create business intelligence reports that are helpful for any kind of businesses to always be ahead from competitors. IndiaTradeData.com is owned and operated by Export Genius, which has been into business intelligence industry since 2011.
Which is the most accurate import data for India?
We provide the latest and most accurate India import export data that are based on Trade Bills, Bill of Entry, Shipping Bills, Bill of Lading, Invoices and other import export customs documents. Through our India trade data, we create business intelligence reports that are helpful for any kind of businesses to always be ahead from competitors.