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Searched Tag: unctad
Leading exporters among developing economies include India, China, Singapore, Turkiye, Thailand, Mexico, and Saudi Arabia,

11.4 pc rise in India's services export: UNCTAD

April 25, 2024, 05:23 AM - 2 mins read

With an 8.9 per cent annual rise in current dollar value terms, the world services exports surpassed $7.9 trillion in 2023, read the report.

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UNCTAD report: Global growth at 2.6%, India's economic surge reaches 6.5%

UNCTAD report: Global growth at 2.6%, India's economic surge reaches 6.5%

April 16, 2024, 09:26 AM - 2 mins read

The UNCTAD forecasts global growth at 2.6%, with India's economy strong at 6.5%. Europe and the Americas face economic challenges, Africa's growth is modest, and global merchandise trade fell 1% due to trade tensions and shipping disruptions.

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In a significant boost to India's trade outlook, the Commerce and Industry Ministry reported a notable increase in exports to China and the European Union in 2023

Trade with China, EU 'in favour' of India in 2023: Govt

April 1, 2024, 11:26 PM - 2 mins read

This encouraging trend comes on the heels of a recent report by the United Nations Conference on Trade and Development (UNCTAD), which highlighted India's growing dependence on trade with China and the EU. The UNCTAD report, released last month, indicated a 1.2% increase in India's trade dependence on both regions in 2023

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 UN’s trade body raises alarm over red sea shipping route crisis

UN’s trade body raises alarm over red sea shipping route crisis

January 27, 2024, 04:31 AM - 2 mins read

UNCTAD warned that the ongoing crisis is affecting global food prices, with longer distances and higher freight rates potentially leading to increased costs. The disruptions in grain shipments from Europe, the Russian Federation, and Ukraine are identified as posing risks to global food security, impacting consumers and reducing prices paid to producers.

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