The importance of exports has been recognized by all countries globally. Efficient exporting enables a country to use its scarce resources in areas where it enjoys a competitive advantage. This creates an opportunity for specialization and focusing on those products which the country is best known to produce. Both developed and developing economies have experienced considerable growth in exports over the last decade.

Exhibit 1: Export growth in some of the leading developed and developing economies of the world

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About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success.

Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success.

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