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World Trade Organization (WTO) 2023, where does India rank in world merchandise trade (2022)?
A)
20th Rank
B)
18th Rank
C)
15th Rank
D)
12th Rank

Correct Answer :   18th Rank


According to the World Trade Statistical Review 2023, the annual flagship publication of the World Trade Organization (WTO), India is ranked 18th among the Leading exporters in world merchandise trade (2022).

It gives data on merchandise and services trade broken down by geographical origin, main product groups and sectors, along with related data on key economic developments such as gross domestic product (GDP) growth, commodity prices, and exchange rate fluctuations, mostly for 2022.


On a global scale, India holds the 9th spot in merchandise importing and ranks 7th in merchandise exporting (2022).

The leading exporters in world merchandise trade for the year 2022 are China, the USA, and Germany, occupying the top three positions..

Source : Business Standard

Published On : August 9, 2023
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