India and China in World Trade

India and China the two emerging economies have increased their respective share in the world trade. After 1980s the economic performance in both the nations are experiencing a better trend. The percentage share of both the nations in the world trade on various sectors over the years are as follows:
 

India and China the two emerging economies have increased their respective share in the world trade. After 1980s the economic performance in both the nations are experiencing a better trend. The percentage share of both the nations in the world trade on various sectors over the years are as follows:
 

Percentage Share of India and China in World Exports

	1990		2004
	India	China	India	China
Manufacturing	0.5	1.9	0.9	8.3
Iron and Steel	0.2	1.2	1.6	5.2
Chemicals	0.4	1.3	0.7	2.7
Office Machines and Telecom parts	0.8	1	0.6	15.2
Auto Parts	0.1	0.1	0.1	0.7
Textiles	2.1	6.9	4	17.2
Clothing	2.3	8.9	2.9	24
Commercial Services			1.9	2.9
Transport			NA	NA
Travel				4.1
Other			3.1	2.4

 

  

Percentage Share of India and China in World Imports

	1990		2004
	India	China	India	China
Manufacturing	0.5	1.7	0.8	6.3
Iron and Steel	1	2.5	1	8.2
Chemicals	NA	2.2	NA	6.5
Office Machines and Telecom parts	0.3	1.3	0.5	11.2
Auto Parts	0.1	0.6	0.3	1.7
Textiles	0.2	4.9	0.6	7.4
Clothing	0	0	0.6	0
Commercial Services	2.1	2.5	2	3.4
Transport			2.2	4.2
Travel			2.4	3.3
Other			2.1	3.5

Source: World Trade Organization.

NA: Data not available