BRIC PLUS

Changing export competencies of Bric

P Raghavan

Posted: Wednesday, Dec 03, 2008 at 2243 hrs IST
Updated: Wednesday, Dec 03, 2008 at 2243 hrs IST


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: exports was primarily triggered by manufactured products where its gains far out-shadowed that of the other Bric countries. Numbers show that while China’s share of global manufacturing exports rose by 7.2 percentage points to reach 11.9% in the seven years up to 2007, India’s share rose by just 0.3 percentage points to reach 1%. However, the share of manufactured good exports of other Bric countries like Russia and Brazil were still lower.

In manufactured products the greatest gains made by China were both in relatively high technology areas like electronic data processing (EDP) and telecom and also in traditional goods like clothing & textiles. In the case of the more technology-intensive products like EDP and telecom, China’s global share rose by 25.7 and 19.3 percentage points to reach 30.7% and 26.1% of the global exports in the seven year period between 2000 and 2007. In the case of textile & clothing the gains were marginally lower with the global share of the Chinese exports going up by 13.2 and 15.2 percentage points to touch 23.5% and 33.4% of the global share.

(to be concluded)...

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