Office Address
123/A, Miranda City Likaoli Prikano, Dope
Phone Number
+0989 7876 9865 9
+(090) 8765 86543 85
Email Address
info@example.com
example.mail@hum.com
123/A, Miranda City Likaoli Prikano, Dope
+0989 7876 9865 9
+(090) 8765 86543 85
info@example.com
example.mail@hum.com
The latest DHL Trade Atlas
2025 anticipates that in five years, India will retain its third-place rank on
the scale dimension as well as jump 15 spots to the 17th position on the speed
dimension as its compound annual trade volume growth rate rises from 5.2 per
cent to 7.2 per cent. The report
highlighted that India was only the 13th largest participant in international
trade in 2024, but its trade volume grew at a 5.2 per cent compound annual rate
from 2019 to 2024, while global trade grew at only a 2.0per cent rate.
“India’s rapid trade growth
reflected both its swift macroeconomic growth and its increasing participation
in international trade,” the report added.
“The Trade Atlas underlines
India’s rapid expansion in global trade, positioning the country as a critical
hub connecting the east and west. While we anticipate trade volume growth and
an increase in global trade share, we remain cautiously optimistic about the
future given the global economy’s general volatility,” said R S Subramanian,
SVP South Asia, DHL Express.
Interestingly, the report says that while China is often viewed as a
more trade-oriented economy than India, “India’s goods trade-to-GDP ratio was
almost as high as China’s in 2023, and India’s trade intensity exceeded China’s
when considering trade in both goods and services.”
Backing its projections,
the report added that the high expectations for India’s future trade growth are
reinforced by large new commitments by foreign companies to invest in India’s
manufacturing sector. In 2023, India ranked second worldwide (after the US) as
a destination for announced greenfield foreign direct investment, and
manufacturing has become the most prominent business function for this
investment in India, the report mentions.
The report highlights that emerging Asian economies such as Vietnam,
Indonesia and the Philippines including India are expected to see especially
strong growth. The South Asia as well as Southeast Asia regions are also set to
outperform other regions in terms of trade growth, the report added.
“With the ongoing
diversification of supply chains that continues to reshape the commerce
landscape, Asia has steadfastly emerged as a key player in the global market,”
said Ken Lee, CEO – Asia Pacific, DHL Express.
