India improves export ranking

by Dave

Economy and Politics –

India improved its ranking by two notches to become the 26th largest
exporter in the world in 2007 from 28th in the previous year. Value of India’s exports was $145.3 billion in 2007, as against 120.3 billion dollar in 2006.

China was way ahead with exports of $1.2 trillion in 2007, compared with $968.9 billion in 2006.

Germany increased its exports to $1.32 trillion in 2007, as against $1.11 trillion in the previous year. The US exports stood at $1.16 trillion in 2007, as compared with $1.03 trillion.

The share of Brazil and India in world exports, is still about 1%, while China’s share is approaching 10%.