{"id":53163,"date":"2021-09-22T09:46:44","date_gmt":"2021-09-22T09:46:44","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=53163"},"modified":"2021-09-22T09:46:45","modified_gmt":"2021-09-22T09:46:45","slug":"india-will-become-the-third-largest-importer-by-2050","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/india-will-become-the-third-largest-importer-by-2050\/","title":{"rendered":"India will become the third-largest importer by 2050"},"content":{"rendered":"\n<p>India could become the world\u2019s 3<sup>rd<\/sup> largest importer by 2050, according to a report released by the UK\u2019s Department of International Trade. With a 5.9 percent share of global imports by 2050, the country will become the third-largest importer, following China and the United States. Currently, India is on the eighth spot on the list of largest importing countries with a 2.8% share. The country will jump to the fourth position by 2030 with a 3.9% share, according to the report titled &#8216;Global Trade Outlook&#8217;.<\/p>\n\n\n\n<p>The US&#8217;s and the EU&#8217;s share of most import sectors is expected to decline out to 2030 as the growing purchasing power of Asia&#8217;s middle-class accounts for a rising share of global import demand.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India could become the world\u2019s 3rd largest importer by 2050, according to a report released by the UK\u2019s Department of International Trade. With a 5.9 percent share of global imports by 2050, the country will become the third-largest importer, following China and the United States. Currently, India is on the eighth spot on the list [&hellip;]<\/p>\n","protected":false},"author":894,"featured_media":53164,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1417],"tags":[1816],"class_list":["post-53163","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-september-2021","tag-third-largest-importer"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/53163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/894"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=53163"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/53163\/revisions"}],"predecessor-version":[{"id":53165,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/53163\/revisions\/53165"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/53164"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=53163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=53163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=53163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}