Over the last thirty years the ranking of world exporters has significantly changed. Until 2000 the leading positions had been occupied by Germany and the United States. In 2010 China outpaced them, and till now China has taken the first place with a significant advantage, whereas Germany and the United States take the second and the third places accordingly. As regards the import, till 2014 the United States has taken the first position in the amount of imported goods. Germany also imports a great amount of goods that allows it to take the leading position. By 2005 China had also increased the value of imports, and since 2010 has taken the second place in the rating of imports.
Exports Ranking shows the countries that take leading positions in export of goods provided that the cost of transportation on board of airlines or cargoship is paid by the seller, that is called 'Freight on Board' or 'Free on Board"'(FOB).
Imports Ranking demonstrates the value of transported goods subject to the seller arranges for the carriage of goods to a place of destination, for this there is a term 'Cost, Insurance and Freight'(CIF).
Access Data: IMF Direction of Trade Statistics (DOTS)
Development of travel industry leads to benefites in different sectors. For exapmle, huge number of travalers usually increase in demand of souvenirs . It also can be rise in sales in real estates. It dependes positively on economy. On the other hand, if residents of some country spend a lot for tourism it denotes contry's wealth.
Until the liberalisation of 1991, India was largely and intentionally isolated from the world markets, to protect its economy and to achieve self-reliance. Foreign trade was subject to import tariffs, export taxes and quantitative restrictions, while foreign direct investment (FDI) was restricted by upper-limit equity participation, restrictions on technology transfer, export obligations and government approvals; these approvals were needed for nearly 60% of new FDI in the industrial sector. The restrictions ensured that FDI averaged only around $200 million annually between 1985 and 1991; a large percentage of the capital flows consisted of...