China's share of world exports has experienced remarkable growth over the past few decades. In 2000, China's share was a modest 3.9%, but this figure surged to 13.7% by 2015, reflecting the country's rapid industrialization and increasing global trade presence. However, from 2015 to 2023, the growth rate of China's share of world exports slowed, indicating a stabilization or maturation in its export growth trajectory.
Similarly, India's share of world exports also saw an increase, although at a different pace. In 2000, India accounted for just 0.7% of global exports. By 2011, this share had more than doubled to 1.7%, showcasing India's growing role in international trade. However, from 2011 to 2023, the growth in India's share of world exports decelerated, suggesting a more gradual expansion compared to the earlier period.
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