India’s rank remained unchanged at 19th in 2015 in the list of top 30 merchandise exporters of the world, according to a WTO report. China continues to hold the top position in the list.
However, India’s ranking among top importers slipped by one notch to 13th in 2015, from 12th in previous year. In imports, the US topped the list.
India’s exports dipped by 17.2 per cent to USD 267 billion last year while imports aggregated at USD 392 billion. In 2014, the country’s outbound and inbound shipments aggregated at USD 317 billion and USD 460 billion respectively.
Contributed By Sonia Narula