THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY ( SHRI JAIRAM RAMESH)
(a) According to the latest International Trade Statistics of the WTO, Indiaâs share in world exports was 0.9% in 2005. Indiaâs share in world exports by commodity groups is given at Annexure.
(b) The details of exports of five major principle commodities during the last three years is given below:
(US $ Billion) 2003-04 2004-05 2005-06 (April-Dec.)
Gems & Jewellery 10.6 13.7 11.1
Petroleum Products 3.6 6.8 8.1
RMG Cotton Incl. Accessories 4.8 4.6 4.4
Drugs, Pharmaceuticals & Fine Chemicals 3.3 3.7 3.4
Machinery & Instruments 2.8 3.5 3.3
Source: DGCI&S
(c) Against the total trade of US $ 240 billion in 2005-06, the share of exports was 42% whereas the share of imports was 58%.