By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Latest World News UpdateLatest World News UpdateLatest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Legal Talk
Reading: India poised to become major driver for global trade, ranks third after US and China: Report – World News Network
Share
Notification Show More
Font ResizerAa
Latest World News UpdateLatest World News Update
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Legal Talk
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > Business > India poised to become major driver for global trade, ranks third after US and China: Report – World News Network
Business

India poised to become major driver for global trade, ranks third after US and China: Report – World News Network

worldnewsnetwork
Last updated: March 24, 2025 12:00 am
worldnewsnetwork 4 months ago
Share
SHARE

New Delhi [India], March 24 (ANI): India is set to become a major driver of global trade growth over the next five years, ranking third in terms of absolute trade expansion, according to the DHL Trade Atlas 2025 report.
The country is expected to account for 6 per cent of the additional global trade during this period, trailing only China (12 per cent) and the United States (10 per cent).
The report highlighted India’s growing role in international trade, alongside other emerging economies such as Viet Nam, Indonesia, and the Philippines. These countries are forecast to be among the top 30 nations in terms of both trade speed and scale.
It said, “During the next five years, India, Viet Nam, Indonesia, and the Philippines are forecast to rank among the top 30 for both speed and scale of trade growth. India also stands out as the country with the third largest absolute amount of forecast trade growth”.
India’s trade performance has been remarkable in recent years. In 2024, it was the 13th largest trading nation globally, yet it recorded a compound annual trade growth rate of 5.2 per cent from 2019 to 2024. This growth far outpaced the global trade expansion rate of just 2 per cent during the same period.
The report attributed India’s rapid trade rise to its strong macroeconomic performance and deeper engagement in global trade networks.
Another key trend observed in the report is the increasing share of global trade involving countries that are not closely aligned with either the United States or China. This share rose from 42 per cent in 2016 to 47 per cent in 2024.
The report stated that, nations like the United Arab Emirates, India, Viet Nam, Brazil, and Mexico have significantly increased their participation in world trade, reinforcing their position as key players in the evolving global economic landscape.
Furthermore, trade involving countries that are considered neutral–neither leaning towards the U.S. nor China–has also risen, growing from 15.4 per cent in 2016 to 17.5 per cent in 2024. This trend highlights a shift towards a more diversified and multipolar trade environment.
With its strong economic fundamentals and increasing trade participation, India is well-positioned to continue its upward trajectory in global commerce. The coming years are expected to see India solidifying its role as one of the fastest-growing trading nations in the world. (ANI)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

TSMC denies media reports on US expansion impacting global projects – World News Network

Asston Pharmaceuticals Limited, a Pharmaceutical and Nutraceutical Company, opens its IPO on 9th July 2025 – World News Network

Rushil Decor Limited’s Green Initiative in Andhra Pradesh, A Commitment to Sustainability and Community Empowerment – World News Network

India Business House Amsterdam launch unlocks new chapter in India-Europe strategic co-operation – World News Network

beGalileo Deepens School Impact with Navneet, Expands Inclusive Learning Through Endeavor ELS Partnership – World News Network

Share This Article
Facebook Twitter Email Print
Previous Article Canada’s PM Carney calls for snap election on April 28 – World News Network
Next Article LPG cylinder truck catches fire in Mumbai’s Dharavi – World News Network
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe
4.4kFollowersFollow
- Advertisement -

Latest News

New tech tracks blood sodium without needle: Study – World News Network
Health 3 days ago
A look at ‘Pehla Tu Duja Tu’ song from Ajay Devgn, Mrunal Thakur-starrer ‘Son of Sardaar 2’ – World News Network
Entertainment 3 days ago
Sean ‘Diddy’ Combs gets standing ovation from fellow inmates after court verdict – World News Network
Entertainment 3 days ago
WATCH: Check out how Masaba Gupta, Neena Gupta are ‘entertaining’ Matara – World News Network
Entertainment 3 days ago

Sports

England add pacer Gus Atkinson to third Test squad against India – World News Network
Sports
India A Men’s Hockey Team to play opening game on Europe Tour against Ireland – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • National
  • Videos
  • Gujarati

Popular Category

  • Hindi
  • Lifestyle
  • Marathi
  • National
  • Science
  • Sports
  • Tech
  • World

Entertainment

Dharmendra, Saira Banu remember legendary actor Dilip Kumar on his death anniversary – World News Network
Entertainment
Video from MS Dhoni’s low-key 44th birthday celebrations goes viral – World News Network
Entertainment
Copyright © 2023 World News Network. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?