TNPSC Thervupettagam

Global commercial services exports report

July 21 , 2023 286 days 347 0
  • This report was released by the World Bank and World Trade Organization (WTO).
  • India has witnessed a significant increase in its share of global commercial services exports.
  • The share of global commercial services exports Doubled from 2.0% in 2005 to 4.4% in 2022.
  • It showcased impressive trade performance, highlighting the rising importance of the services sector in India’s economy.
  • India is recognized as a popular destination for medical travel.
  • It was attracting approximately 3.5 million foreign patients between 2009 and 2019.

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