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10 countries that will rule world trade

Last updated on: January 2, 2012 08:28 IST

10 countries that will rule world trade

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While the world is currently growing through tough economic times, the long-term picture looks much better.

Economists project world trade (ie the sum of imports and exports) in real terms is set to jump from $37 trillion in 2010 to $287 trillion in 2050, according to a Citigroup report.

Specifically, trade is set to transform with most growth coming from emerging markets.

So, let's take a look at 10 countries that will command world trade in 2050, according to Business Insider.

Click NEXT to see India's place in global trade...


Image: Long-term picture looks much better.
Photographs: Courtesy, Wikipedia Commons
Tags: , Citigroup , India

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Country: India

Trade in 2050: $25.7 trillion

Per cent of world trade: Nine

World ranking: Two

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Image: A view of Gateway of India in Mumbai.
Photographs: Courtesy, Wikipedia Commons
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Country: China

Trade in 2050: $52.2 trillion

Per cent of world trade: 18.2

World ranking: One

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Image: A view of Shanghai.
Photographs: Courtesy, Wikipedia Commons
Tags: , China

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Country: The United States

Trade in 2050: $19.1 trillion

Per cent of world trade: 6.6

World ranking: Three

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Image: Times Square in New York City.
Photographs: Courtesy, Wikipedia Commons

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Country: Germany

Trade in 2050: $9.9 trillion

Per cent of world trade: 3.5

World ranking: Four

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Image: A view of Frankfurt, Germany.
Photographs: Courtesy, Wikipedia Commons
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Country: South Korea

Trade in 2050: $9.7 trillion

Per cent of world trade: 3.4

World ranking: Five

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Image: Seoul, South Korea.
Photographs: Courtesy, Wikipedia Commons
Tags: , South Korea

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Country: Indonesia

Trade in 2050: $8.8 trillion

Per cent of world trade: 3.1

World ranking: Six

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Image: Jakarta, Indonesia.
Photographs: Courtesy, Wikipedia Commons
Tags: , Indonesia

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Country: Hong Kong

Trade in 2050: $8.5 trillion

Per cent of world trade: 2.3

World ranking: Seven

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Image: A view of Hong Kong.
Photographs: Courtesy, Wikipedia Commons

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Country: Japan

Trade in 2050: $7.6 trillion

Per cent of world trade: 2.7

World ranking: Eighth

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Image: Tokyo, Japan.
Photographs: Courtesy, Wikipedia Commons
Tags: , Japan

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Country: Singapore

Trade in 2050: $6.8 trillion

Per cent of world trade: 2.4

World ranking: Nine

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Image: A view of Singapore.
Photographs: Courtesy, Wikipedia Commons

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Country: The United Kingdom

Trade in 2050: $6.02 trillion

Per cent of world trade: 2.1

World ranking: 10


Image: A view of London, United Kingdom.
Photographs: Courtesy, Wikipedia Commons

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