PTI
New Delhi, Apr 12 (PTI): India has moved one place up to emerge as the world's 29th largest exporter of goods in global trade during 2005, according to statistics released by World Trade Organisation.
In services, however, India's rank is far up in the list. The country is now the
world's tenth largest importer and exporter of commercial services, compared to
15th and 16th largest respectively in 2004, as per the WTO's World Trade Report
2005 released in Geneva.
The country's merchandise exports last year grew 19 per cent to 89.8 billion
dollars while market share rose by 0.1 per cent to 0.9 per cent of global
exports.
In services, while exports stood at 67.6 billion dollars, imports were
marginally lower at 67.4 billion dollar. The country's share in global services
exports and imports was almost equal at 2.8 per cent and 2.9 per cent
respectively.
In merchandise goods, Germany has retained its place as the largest exporter
with 970.7 billion dollars, followed by the US at 904.3 billion dollars, China
at 762 billion dollars, Japan at 595.8 billion dollars and France at 459.2
billion dollars.
In imports, US is on top of the list with 1,732.7 billion dollars, followed by
Germany at 774.1 billion dollars, China at 660.1 billion dollars, Japan at 516.1
billion dollars and UK at 501.2 billion dollars. PTI
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