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 |