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60000000
50000000
U 40000000
S India's export to LAC
D 30000000
Rate of Growth
M 20000000 India's import from LAC
i Rate of Growth
l 10000000
l Total Trade
i 0 Trade Balance
o 0 2 4 6 8 10 12 14 16 18 20
n -10000000
-20000000
-30000000
Year
Table 3.1 LAC's Trade with World (Value in US $ Million)
USD Million
2004-2005 571856759 21.11 5.12E+08 19.82 1.08E+09 59377005 20.5
1000000000
2005-2006 683765530 19.57 6.32E+08 23.26 1.32E+09 52103771 21.31
2006-2007 718457331 5.07 7.22E+08 14.28 1.44E+09 -3429584 9.5
500000000
2007-2008 883433047 22.96 8.78E+08 21.67 1.76E+09 5088510 22.32
2008-2009 696928651 -21.11 6.69E+08 -23.81 1.37E+09 27707343 -22.46
0
2009-2010 884256956 26.88 8.63E+08 28.93 1.75E+09 21446236 27.88 0 2
2010-2011 1089276878 23.19 1.06E+09 22.95 2.15E+09 28463947 23.07
-500000000
2011-2012 1106800881 1.61 1.1E+09 3.77 2.21E+09 5962279 2.68
2012-2013 1105519662 -0.12 1.13E+09 2.56 2.23E+09 -2.4E+07 1.22
2013-2014 1070769593 -3.14 1.12E+09 -1.02 2.19E+09 -4.7E+07 -2.07
2014-2015 914744582 -14.57 9.92E+08 -11.27 1.91E+09 -7.7E+07 -12.88
2015-2016 885064904 -3.24 9.1E+08 -8.18 1.8E+09 -2.5E+07 -5.81
2016-2017 986757433 11.49 9.88E+08 8.54 1.98E+09 -1487008 9.99
2017-2018 1077670177 9.21 1.12E+09 13.4 2.2E+09 -4.3E+07 11.31
2018-2019 1054529967 -2.15 1.08E+09 -3.65 2.13E+09 -2.5E+07 -2.91
2500000000 LAC trade with World LAC's export to world
Rate of Growth of
Export
2000000000 LAC's import from
World
1500000000 Rate of Growth of
import
USD Million
Total Trade
1000000000 Trade Balance between
LAC and world
500000000 Growth of Total Trade
0
0 2 4 6 8 10 12 14 16 18 20
-500000000
YEAR
Table 3.3 India's Trade with Brazil
14000000
12000000
10000000 India export to Brazil
Rate of Growth
8000000
India's import from Brazil
USD Million
6000000
5000000
4000000 India's export to Colombia
Rate of Growth of Export
3000000
India's import from
USD Million
2000000 Colombia
1000000 Rate of Growth of import
0 Total Trade
-1000000 0 2 4 6 8 10 12 14 16 18 20 Trade Balance between
-2000000 India and Colombia
-3000000 Growth of Total Trade
-4000000
YEAR
Table 3.5 India's Trade with Mexico
India's Rate of India's Rate of Trade Growth of
export to Growth of import Growth of Balance Total
Mexico Export from import between Trade
Mexico India and
Year Total Trad Mexico
2000-2001 230119 61509 291628 168610
2001-2002 269037 16.91212 56330 -8.419906 325367 212707 11.569191
2002-2003 236005 -12.27787 70932 25.92224 306937 165073 -5.664373
2003-2004 361798 53.30099 78828 11.13179 440626 282970 43.555844
2004-2005 405764 12.15208 99294 25.96286 505058 306470 14.622832
2005-2006 522106 28.67233 529525 433.29 1051631 -7419 108.21985
2006-2007 559155 7.096069 1072989 102.6324 1632144 -513834 55.201207
2007-2008 684343 22.38878 1800095 67.76453 2484438 -1115752 52.219289
2008-2009 532140 -22.24075 983382 -45.37055 1515522 -451242 -38.9994
2009-2010 766949 44.12542 983250 -0.013423 1750199 -216301 15.484896
2010-2011 1337915 74.44641 2168579 120.5521 3506494 -830664 100.3483
2011-2012 1597124 19.3741 3495937 61.20865 5093061 -1898813 45.246534
2012-2013 2151458 34.70826 4295382 22.86783 6446840 -2143924 26.580852
2013-2014 2920999 35.76835 3445597 -19.78369 6366596 -524598 -1.244703
2014-2015 2767633 -5.250464 2728993 -20.79767 5496626 38640 -13.6646
2015-2016 3374907 21.942 2442013 -10.51597 5816920 932894 5.8271019
2016-2017 3698400 9.585242 3536439 44.81655 7234839 161961 24.375769
2017-2018 3839963 3.827682 4993758 41.20866 8833721 -1153795 22.099759
2018-2019 3735392 -2.723229 4875629 -2.365533 8611021 -1140237 -2.521021
India's Trade with Mexico
10000000
India's export to
8000000 Mexico
Rate of Growth of
6000000 Export
India's import from
USD Million
Mexico
4000000
Rate of Growth of
import
2000000
Total Trade
0 Trade Balance between
0 2 4 6 8 10 12 14 16 18 20 India and Mexico
-2000000 Growth of Total Trade
-4000000
YEAR
Table 3.6 India’s Trade with T&T
USD Million
2007-2008 363583 845.0833 84347 -25.76526 447930 279236 194.5106 200000
2008-2009 197145 -45.77717 149959 77.78818 347104 47186 -22.50932
100000
2009-2010 57474 -70.84684 80019 -46.63941 137493 -22545 -60.38853
2010-2011 77686 35.16721 203491 154.3034 281177 -125805 104.5028 0
2011-2012 82647 6.385964 5079 -97.50407 87726 77568 -68.80044 0
2012-2013 101766 23.13333 9473 86.51309 111239 92293 26.80277 -100000
2013-2014 105971 4.132028 37015 290.7421 142986 68956 28.53945
-200000
2014-2015 103398 -2.428023 83634 125.9462 187032 19764 30.80441
2015-2016 81472 -21.20544 154388 84.59956 235860 -72916 26.10676
2016-2017 92150 13.10634 103440 -33 195590 -11290 -17.07369
2017-2018 84001 -8.84319 183604 77.49807 267605 -99603 36.81937
2018-2019 85863 2.21664 78840 -57.05976 164703 7023 -38.45294
India's Trade with T&T
500000 India's export to T&T
T&T
200000
Rate of Growth of
100000 import
0 Total Trade
0 2 4 6 8 10 12 14 16 18 20
-100000 Trade Balance between
India and T&T
-200000
Growth of Total Trade
YEAR
Trends in India LAC trade (Value in US$ thousand)
Source: ITC calculations based on UN COMTRADE statistics
2.13
2.01
1.84
2.06
2.15
3.01
2.86
3.52
3.05
4.01
3.92
5.45
5.93
6.31
4.98
4.61
4.80
4.73
4.38
Annual Growth India's Total Annual Growth rate of
rate of India-
Trade India's Total Trade
Year India -Brazil trade Brazil Trade
2001 501494 94549595
2002 700462 39.68 107551427 13.75
2003 700929 0.07 131791183 22.54
2004 1203497 71.70 174885329 32.70
2005 1852975 53.97 241214304 37.93
2006 2452518 32.36 299413046 24.13
2007 2777501 13.25 364543347 21.75
2008 4409880 58.77 497573004 36.49
2009 4679202 6.11 443166589 -10.93
2010 6890546 47.26 570437883 28.72
2011 9126461 32.45 763886041 33.91
2012 11557292 26.63 778541147 1.92
2013 9943677 -13.96 802656956 3.10
2014 12684545 27.56 776914106 -3.21
2015 7208850 -43.17 654688468 -15.73
2016 5914442 -17.96 617650376 -5.66
2017 7970399 34.76 739714952 19.76
2018 8223209 3.17 833270908 12.65
2019 7156262 -12.97 802134455 -3.74
% of India's Total
Trade
0.53
0.65
0.53
0.69
0.77
0.82
0.76
0.89
1.06
1.21
1.19
1.48
1.24
1.63
1.10
0.96
1.08
0.99
0.89
Year India -Colombia Annual Growth India's Total Annual Growth % of India's Total
trade rate of India- Trade rate of India's Trade
Colombia Trade Total Trade
0.02
0.02
0.03
0.02
0.05
0.04
0.09
0.08
0.02
0.04
0.01
0.01
0.02
0.03
0.04
0.03
0.03
0.02
Year India -LAC trade % of India's Total Trade
2001 2015677 2.13
2002 2166756 2.01
60000000
2003 2429866 1.84
2004 3608672 2.06
50000000
2005 5197499 2.15
2006 9009419 3.01 40000000
10431012
US $ Thousand
2007 2.86
2008 17497272 3.52 30000000
2009 13507771 3.05
2010 22874400 4.01 20000000
2011 29910575 3.92
2012 42444186 5.45 10000000
2013 47610126 5.93
2014 49031390 6.31 0
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16
2015 32592481 4.98
Year
2016 28498316 4.61
2017 35542477 4.80
2018 39394952 4.73
2019 35112250 4.38
7.00
6.00
5.00
4.00
Percent
3.00
2.00
1.00
0.00
7 8 9 10 11 12 13 14 15 16 17 18 19
Year