The provided chart and table present a comprehensive analysis of a nation’s export performance across various categories in 2015 and 2016, displaying both the total value of exports and the percentage change between the two years.
Overall, the data reveals that petroleum products consistently dominated the country’s export earnings, followed closely by engineered goods. Notably, while petroleum products experienced a slight decrease, engineered goods registered a significant increase in value. The fastest-growing export category was textiles, which exhibited a substantial growth rate. Conversely, gems and jewelry witnessed a noticeable decline in export value.
In 2015, petroleum products generated an estimated $60 billion in export revenue, representing the largest share, followed by engineered goods at approximately $50 billion. The subsequent years saw a marginal decline in petroleum product exports, resulting in a value of roughly $58 billion in 2016. In contrast, engineered goods exhibited a substantial increase, reaching nearly $54 billion in 2016, indicating a positive growth trend.
Textile exports experienced a remarkable 15.24% surge between 2015 and 2016, increasing from approximately $18 billion to over $20 billion. This signified a substantial rise in demand for the country’s textile products during this period. In contrast, gems and jewelry exports demonstrated a decrease, dropping from approximately $42 billion in 2015 to $38 billion in 2016, indicating a decline in international demand for these items. Agricultural products, however, showed a modest increase, rising from around $22 billion in 2015 to slightly over $22 billion in 2016, indicating minimal growth in this sector.