UK’s EXIM trade volume with India evolved

As per Maersk Line, India maintained its strong trading position with the United Kingdom (UK) registering a 6 per cent year on year growth in EXIM container trade volumes for the first half of 2016. This despite a 2 per cent decline in the UK’s EXIM container trade volumes with the rest of the world during the same period. The full year container trade volume growth forecast for 2016 is expected to slightly lower at four to five per cent, but better than the three per cent growth witnessed in 2015. In terms of overall trade, India ranks 3rd on EXIM trade volumes with the UK with a share of six per cent behind China (38 per cent) and USA (8 per cent).