For the year 2006, the global trade activities were slowed down due to the poor performance among the developing countries.
According to the given statistics, global exports increased by 14.1 percent in terms of US Dollar for the first nine months of the year 2006 in comparison to 15.5 percent in 2005. On the contrary the advanced nations over the world have experienced a faster rate of growth.
The growth rates of exports among various countries over the world are as follows:
As to the above diagram, the percentage growth rate of world exports along with some individual advanced countries. The world exports grew by 14.1 percent from January-September 2006.
The US Economy experienced a growth rate of 14.8 percent for the year 2006.
The growth rate of exports in Indian Economy grew at a rate of 21.7 percent from January-September 2006.
The Chinese Economy experienced an exports growth of 26.5 percent from January-September 2006.
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