India Exports : A comparative study of 2014-15 and 2015-16

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India is claiming robust growth under leadership of Prime Minister Narendra Modi. However data in real terms should otherwise. A nations health and wealth can be understood by goods exported by it. In financial year 2014-15 India exported goods US$ 310338 Millions, and there has been a sharp decline in export in next year. It registered 15% drop in exports and was only US$ 262290 Millions. It will be interesting to know how our esteemed Lawyer and Finance Minster Mr. Arun Jaitley  is happy as well as enthusiastic with this figure.

Here is analysis of top 25 countries to whom India Exports and how they behaved in last two years.

It can be easily noticed that India exports shrink to almost every country India exported.

S.No. Country 2014-2015 %Share 2015-2016 %Share %Growth
1 U S A 42,448.66 13.6782 40,335.82 15.3783 -4.98
2 U ARAB EMTS 33,028.08 10.6426 30,290.01 11.5483 -8.29
3 HONG KONG 13,599.88 4.3823 12,092.21 4.6102 -11.09
4 CHINA P RP 11,934.25 3.8456 9,010.35 3.4353 -24.5
5 U K 9,319.73 3.0031 8,828.71 3.366 -5.27
6 SAUDI ARAB 11,161.43 3.5965 6,394.23 2.4378 -42.71
7 SINGAPORE 9,809.36 3.1609 7,719.81 2.9432 -21.3
8 GERMANY 7,537.34 2.4287 7,092.89 2.7042 -5.9
9 BANGLADESH 6,451.47 2.0788 6,034.94 2.3009 -6.46
10 SRI LANKA 6,703.72 2.1601 5,309.53 2.0243 -20.8
11 VIETNAM 6,257.88 2.0165 5,266.15 2.0078 -15.85
12 NETHERLAND 6,324.72 2.038 4,725.10 1.8015 -25.29
13 BELGIUM 5,519.47 1.7785 5,027.61 1.9168 -8.91
14 JAPAN 5,385.57 1.7354 4,662.67 1.7777 -13.42
15 FRANCE 4,956.66 1.5972 4,633.37 1.7665 -6.52
16 MALAYSIA 5,816.55 1.8743 3,706.86 1.4133 -36.27
17 TURKEY 5,358.90 1.7268 4,140.00 1.5784 -22.75
18 ITALY 5,092.31 1.6409 4,217.72 1.608 -17.17
19 SOUTH AFRICA 5,301.99 1.7085 3,588.74 1.3682 -32.31
20 BRAZIL 5,963.82 1.9217 2,650.34 1.0105 -55.56
21 NEPAL 4,558.77 1.469 3,930.09 1.4984 -13.79
22 KOREA RP 4,602.95 1.4832 3,522.64 1.343 -23.47
23 KENYA 4,117.93 1.3269 3,025.85 1.1536 -26.52
24 IRAN 4,175.06 1.3453 2,781.51 1.0605 -33.38
25 INDONESIA 4,043.32 1.3029 2,819.54 1.075 -30.27

 

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