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As of 2023, India is the seventh largest exporter of commercial services in the world, [12] accounting for 4.6% of global trade in services. India's service exports grew by 27%. [13] In September, India's prominent services industry experienced an acceleration in growth, buoyed by robust demand in the sector.
The services trade (exports and imports) are not part of commodities trade. The trade surplus in services trade is US$70 billion in the year 2017–18. [3] Counting the European Union (EU) as one, the World Trade Organisation ranks India fifth for commercial services exports and sixth for commercial services imports. [4]
For information on exports, see Export. For Harmonized Codes, see Harmonized System. The following is a list of export product categories that were exported the most and fetched foreign currency for India. The list includes the HS Codes and the value of the product exported. The data referenced in the system do not have any legal sanctity and ...
Map of countries by exports, 2023. The following article lists different countries and territories by their exports according to data from the World Bank. Included are merchandise exports and service exports. Merchandise exports are goods that are produced in one country and sold to another country. Service exports refer to the cross-border ...
[342] [343] Foreign trade accounted for 48.8% of India's GDP in 2015. [344] Globally, India accounts for 1.44% of exports and 2.12% of imports for merchandise trade and 3.34% of exports and 3.31% of imports for commercial services trade. [343] India's major trading partners are the European Union, China, United States and United Arab Emirates ...
World map by trade as a share of GDP [1]. This is a list of countries by trade-to-GDP ratio, i.e. the sum of exports and imports of goods and services, divided by gross domestic product, expressed as a percentage, based on the data published by World Bank.
NEW DELHI (Reuters) -Amazon Inc expects to help Indian exporters sell about $5 billion worth of small-ticket items through its platform this year in markets such as the United States and Britain ...
In 2008, India's share of world trade was 1.7%; [313] In 2021, India was the world's ninth-largest importer and the sixteenth-largest exporter. [314] Major exports include petroleum products, textile goods, jewellery, software, engineering goods, chemicals, and manufactured leather goods. [12]