Global Gross Domestic Product (GDP) Trends:

The current World GDP (2015) stands at 73.4 Trillion USD, which compares
negatively at a rate of 6% with 2014 GDP of 78.1 Trillion USD. However,
global GDP saw a healthy growth for four consecutive years between 2010
and 2014. World GDP stood at 65.6 Trillion USD in 2010, increasing to 72.8
Trillion USD in 2011, then increasing to 74.4 Trillion USD in 2012, 76.4
Trillion USD in 2013, and rising to 78.1 Trillion USD in 2014 before falling
6% to 73.4 Trillion USD in 2015. These trends amount to a compound
annual growth rate (CAGR) of 1.9% over the six years. (Source:
http://data.worldbank.org/indicator/NY.GDP.MKTP.CD?
end=2015&name_desc=false&start=1960&view=chart)
The manufacturing sector held a share of 16.8% of global GDP in the year
2010, and from then on saw a constant decline in share until 2014, which
is the latest year data is available for. In 2011, the share of manufacturing
was 16.5%, in 2012 and 2013 it was 16.3%, falling further to 14.7% in
2014. These negative growth rates point to a compound annual growth
rate (CAGR) of -2.6% over the five year period. (Source:
http://data.worldbank.org/indicator/NV.IND.MANF.ZS?
locations=1W&name_desc=false)
In terms of absolute size of economy, United States continues to rule with
a GDP of 18.5 Trillion USD, followed by China (11.3 Trillion USD), Japan (4.4
Trillion USD) while India comes in 7th at 2.1 Trillion USD. (Source:
http://statisticstimes.com/economy/countries-by-projected-gdp.php)

Global Export-Import Trends:

At a global level, exports (goods and services) as a percentage of GDP has
remained relatively stable over the years with the figure standing at
29.3% currently (2015) as compared to 28.9% in 2010, resulting in a
nominal compound annual growth rate (CAGR) of 0.2%. (Source:
http://data.worldbank.org/indicator/NE.EXP.GNFS.ZS?name_desc=false)
Similarly, imports (goods and services) as a percentage of GDP has also
remained relatively stable over the years with the figure standing at
28.7% currently (2015) as compared to 28.3% in 2010, resulting in a
nominal compound annual growth rate (CAGR) of 0.2%. (Source:
http://data.worldbank.org/indicator/NE.IMP.GNFS.ZS?name_desc=false)
Among all world economies, countries with highest GDP growth rate in
2015 are Papua New Guinea (19.33%), Congo (9.19%), and Turkmenistan
(9%) while among significant economies India leads the pack with 7.4%
growth rate and China follows closely behind at 6.8%. (Source:
http://www.worldatlas.com/articles/20-countries-with-the-highest-gdpgrowth-in-the-world.html)

In 2015, China was the worlds largest exporter by value (2,274 Billion
USD), with United States (1,504), Germany (1,329), Japan (624), and
Netherlands (567) rounding out the top five. India comes in 19th with
exports of 267 Billion USD. The list of leading importers globally has
United States at the top (2,413 Billion USD), with China (1,959), Germany
(1,216), Japan (822), and United Kingdom (684) rounding out the top five.
India took the 12th spot with 463 Billion USD worth of imports. (Source:
https://www.wto.org/english/res_e/statis_e/its2015_e/its2015_e.pdf) page
46.
Analysed in terms of growth rates, the top country for export growth is
Vietnam with 14% growth in 2015 compared to 2014, while the top
countries by absolute value which are United States and China are
growing their exports at 3% and 6% respectively. India grew its exports at
a nominal rate of 2%. For import growth rates, Egypt leads with 16%
growth in imports in 2015 versus 2014 with Vietnam growing imports at a
close 13%. United States and China are growing their imports at 4% and
0% respectively. Indias imports saw a decline of 1% over the previous
year. (Source: (Source:
https://www.wto.org/english/res_e/statis_e/its2015_e/its2015_e.pdf) page
46

Indias Gross Domestic Product (GDP) Trends:

Indias GDP has seen a steady rise over the last five years. In 2010, India
had a GDP of 1.81 Trillion USD which increased to 1.83 Trillion USD in
2012, 1.86 Trillion USD in 2013, 2 Trillion USD in 2014, and as of 2015,
India had a GDP of 2.07 Trillion USD. Although Indias GDP growth y-o-y
was close to double digits initially and is now 7.4%, it corresponds to a
compound annual growth rate (CAGR) of 2.7% over the five year period.
(Source: http://data.worldbank.org/indicator/NY.GDP.MKTP.CD?
locations=IN&name_desc=false) Indias current GDP put it in the 7th place
globally.

The contribution of manufacturing sector to Indias GDP has been

constantly declining since 2011. In 2011, manufacturing activity
constituted 17.4% of Indias GDP. This decreased to 17.1% in 2012, 16.5%
in 2013, and to 16.1% in 2014. This corresponds to a compound annual
rate (CAGR) of -1.9% over the four year period. (Source:
http://data.worldbank.org/indicator/NV.IND.MANF.ZS?
locations=IN&name_desc=false)

Indias Export-Import Trends:

Indias exports (goods and services) as a percentage of GDP has remained

volatile over the years with the figure standing at 22.9% currently (2014)
as compared to 22% in 2010, 24.5% in 2011 and 2012, and 25.3% in
2014. (Source: http://data.worldbank.org/indicator/NE.EXP.GNFS.ZS?
locations=IN&name_desc=false)
Similarly, our imports too have remained volatile and saw an overall
decline over the years with imports comprising 26.3% of GDP in 2010,
31.1% in 2011, 31.2% in 2012, 28.3% in 2013, and 25.9% in 2014.
(Source: http://data.worldbank.org/indicator/NE.IMP.GNFS.ZS?
locations=IN&name_desc=false)
Indias exports share of total international exports was 1.7% in 2011, 1.6%
in 2012, and was up again to 1.7% in 2013 and 2014. Indias imports
share of total international imports was at 2.5% in 2011, 2.6% in 2012,
and 2.5% in 2013, and dropped to 2.4% in 2014. While Indias share of
imports and exports in total global trade held roughly constant over the
years, there were significant changes in Indias export and import growth
rates. The countrys export growth rates were as follows: 35% in 2011,
-3% in 2012, 6% in 2013, and 2% in 2014. The countrys import growth
rates were as follows: 32% in 2011, 5% in 2012, -5% in 2013, and -1% in
2014. (Source:
https://www.wto.org/english/res_e/statis_e/its2012_e/its2012_e.pdf ,
https://www.wto.org/english/res_e/statis_e/its2012_e/its2013_e.pdf ,
https://www.wto.org/english/res_e/statis_e/its2012_e/its2014_e.pdf ,
https://www.wto.org/english/res_e/statis_e/its2012_e/its2015_e.pdf)
Among all Indian states, the top exporter states by value in 2015 were
Maharashtra, Gujarat and Tamil Nadu respectively. The top 5 states
contributed a whopping 69% of total Indian exports, while the top two
states of Maharashtra and Gujarat constituted 49% of total exports. The
composite state of Andhra Pradesh (including Telangana) was placed 5 th. It
is to be noted that these states were consistently top performers over the
years. (Source: http://www.ibtimes.co.in/5-indian-states-contributed-69exports-fy15-assocham-672638)
The top products which India exported globally (2015) and their share
among the countrys total exports are as follows:
1.
2.
3.
4.
5.
6.
7.
8.
9.

Gems, precious metals: US$38.8 billion (14.7% of total exports)

Oil: $30.9 billion (11.7%)
Vehicles: $14.1 billion (5.3%)
Machines, engines, pumps: $13.2 billion (5%)
Pharmaceuticals: $12.5 billion (4.7%)
Organic chemicals: $11.2 billion (4.3%)
Clothing (not knit or crochet): $9.4 billion (3.5%)
Electronic equipment: $7.9 billion (3%)
Knit or crochet clothing: $7.8 billion (2.9%)

10. Cotton: $7.5 billion (2.8%)

The highest growth of exports for the same period was experienced by the
pharmaceuticals sector (51.7%) followed by vehicles (36.7%). (Source:
http://www.worldstopexports.com/indias-top-10-exports/)

Indias highest performing states in terms of Gross State Domestic Product

by total value are Maharashtra, Uttar Pradesh, Tamil Nadu, Gujarat, and
West Bengal. These states have remained the top 5 contributors to Indias
GDP (as % of total GDP) consistently over the years.
A snapshot of growth rate changes in the GSDP of Indian states over the
past decade can be seen below. (Source:
http://planningcommission.gov.in/data/datatable/data_2312/DatabookDec
2014%20162.pdf)

Telangana Gross State Domestic Product (GSDP) Trends:

The states GSDP in 2014-15 was 71.1 Billion USD, which approximates to
3.55% contribution to Indias GDP. An estimation of Telanganas GSDP as a
region before the states formation can be observed in the below

snapshot. The states GSDP grew at an estimated 9.1% in 2015-16 as

compared with Indias GDP growth rate of 7.4%.

Telanganas exports for the year 2013-14 were estimated at 107,923 (INR
in Cr.), which comprises about 6.7% of Indias total exports. In
comparison, in the same year, Maharashtra which is Indias top export
state contributed 28% to Indias total exports and Gujarat contributed
23% to Indias total exports. (Source:
http://indianexpress.com/article/india/india-news-india/exports-fromstates-bihar-up-to-17th-but-top-of-list-in-rate-of-growth)
The states export data for the past one year suggests that the top
exported goods and services from the state are IT&ITES (Information
Technology and Information Technology Enabled Services) holding a share
of 47.5% of total exports from the state, followed by Pharmaceuticals
which holds a 26% share. It is believed that Telangana is yet to maximise
potential in the mineral and mineral ore export segment. Also, given that
Hyderabad has the potential to be at the forefront of gems and jewellery
combined with the fact that gems and jewellery is part of the top export
products out of India, Telangana can leverage its expertise in the sector to
grow its share of exports of this sector. (Source:
http://industries.telangana.gov.in/Library/EXPORTSTRATEGY.pdf)