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Global Trade

UNCTAD Predicts 3.3% Growth in Global Trade for 2024

06 Dec 2024

The United Nations Conference on Trade and Development (UNCTAD) anticipates global trade will achieve a new milestone of $33 trillion in 2024. This represents a $1 trillion increase from 2023, translating to an annual growth rate of 3.3 percent. This growth highlights the resilience of global trade amidst persistent global...

S. Jaishankar On How Trump’s Return Will Shape Globalisation

08 Nov 2024

Donald Trump’s unexpected comeback in the 2024 US presidential election has raised questions about the future of globalisation. S. Jaishankar, India's Foreign Minister, shared his insights on how Trump’s re-election will reshape global policies and trade dynamics during a recent briefing with Australian business leaders. Reordering of Supply Chains: India’s...

Indian export of engineering goods to US rises by 6.8%, declines 52.4% for China

20 Apr 2023

In the fiscal year 2022–2023, the US will continue to be India's largest export market for engineering goods, with total shipments valued at USD 18.67 billion, up 6.8% annually. The UK, Germany, Singapore, Saudi Arabia, Mexico, and Indonesia are some of the other important markets that had strong development. Month...