The line chart illustrates the value of one country’s exports across various categories in 2015 and 2016. Additionally, the table contrasts the percentage change in each export category between these two years.
In summary, while four export categories experienced an upward trajectory in 2016, Gems and jewellery was the only sector to witness a decline. Textiles exhibited the most pronounced growth despite its relatively low earning figures.
In detail, the category of Petroleum products, a significant revenue stream, generated approximately $60 billion in 2015 but saw a slight reduction to around $58 billion in 2016, translating to a percentage decrease of 3%. Conversely, Engineered goods displayed a robust performance with an increase from about $50 billion in 2015 to approximately $54 billion in 2016, yielding an impressive growth rate of 8.5%. Agricultural products maintained a stable position, unchanged at $22 billion, reflecting a modest growth of 0.81%. Meanwhile, the Textiles sector, despite being the lowest in terms of overall exports, recorded the highest percentage increase of 15.24%, rising from $18 billion to $20 billion.
In contrast, the Gems and jewellery category experienced a downturn, with export earnings declining from approximately $42 billion in 2015 to $38 billion in 2016, marking a decrease of 5.18%. This decline positions the sector as the only one to diminish in 2016, highlighting its vulnerability amidst the overall positive trend observed in the majority of the other export categories.