I (Meaning and importance of Exports) Unit Structure

(g) Insurance Services 
The insurance services have shown a decline in the share of 
services exports of India. However, in the first half of 2009-10, all 
services items have shown a negative growth except insurance 
services. 
(h) Other Services 
This group has shown considerable decline in its share in 
the services exports. It lost about 4.9% share in the total services 
exports between 2000-01 and 2008-09. 
 
conclusion- 
In brief services exports are expected to grow in the second 
half of 2009-10 but at a slower pace, with pick up in the global and 
India‟s merchandise exports, transportation services exports are 
expected to increase. Software services export is also expected to 
grow in the second half of 2009-10, with an overall growth of 5% in 
2009-10. Travel receipts are also expected to increase in the 
second half of 2009-10. 
2.5 
COMPOSITION OF INDIA‘S EXPORTS SINCE- 
2000 
By composition, we mean the commodities exports which 
are exported from the country to the rest of the world and the 
commodities which are imported from abroad. 
India‟s share in the 
world export trade has moved up from 0.7% in 2000 to 1.2% in 
2009. In 2009, India‟s export share in world trade is very low as 
compared to other developing countries like China 9.1%, South 
Korea 2.9%, Hong-Kong 2.5%, and Singapore 2.1%. 
The following table shows composition of India‟s 
merchandise exports during 2000-01 and 2008-09. 

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21 
India‟s merchandise exports (percent) 
Product 
2001-01 
2008-09 
(a) Agriculture items 
14.0 
09.1 
(b) Ores & minerals 
02.0 
04.2 
(c) Manufactured items 
79.0 
66.4 
(d) Fuel & lubricants 
04.3 
14.9 
(e) Other 
00.7 
05.4 
Total (percentage) 
100.0 
100.0 
Total US $ billion 
44.6 
185.3 
Source: - economic survey, 2009-10. 
The above table points out that the composition of India
‟s 
merchandise exports are explained in brief as follows-