India's share of exports declines among developing countries in 2020

China, the Republic of Korea, and Mexico remained the top traders among developing economies, says WTO report

India slipped to eighth position in 2020 in terms of its share of merchandise exports among developing economies, according to a World Trade Organization report.

India's ranking translates into a share of 3.6 per cent with respect to top 15 developing economies’ merchandise exporters, lower than its share of 3.9 per cent in 2018 as the seventh position the country has secured.

In case of inbound shipments, the share of exports to 5.2 per cent in 2020 from 6.4 per cent in 2018, with rank deteriorating to the fourth position from the third.

China, the Republic of Korea, and Mexico remained the top