10 Countries to Rule World Trade
By siliconindia   |   Wednesday, 04 January 2012, 01:59 IST   |    1 Comments
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u.s.a
U.S.A The top global leader in trade, U.S. ranks third in the list. Accounting for a massive 10.7 percent of world trade, it will only account 8.2 percent of world trade in 2030. The slowdown in the growth of real GDP in the first quarter of 2011 showed that the economy is not gaining momentum, dampening prospects for a meaningful reduction in unemployment in the near future. The U.S. is expected to lose ground to India and China with $19.1 trillion by 2050 with 6.6 percent of world trade.
germany
Germany German economy has shown resilience in 2011. Being the largest economy in the European Union its manufacturing industry contributed 25 percent of GDP more than twice the value added from manufacturing in the UK. In 2010 Germany accounted for 7.6 percent of world trade at $2.86 trillion. Though trade is projected to increase to $5.8 trillion in 2030, it will account for just 4.7 percent of world trade.

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