"India’s overseas sales are falling more steeply than many other Asian countries, dragged down both by oil prices and weak demand in developed economies other than the U.S., its biggest export market. The 20 percent drop in May marked the longest monthly losing streak since 2009."
"Weak demand is also playing a role. Sluggish economies in Europe and Japan have hurt Chinese exports, which have also been hit hard by the strong yuan."
"World trade will grow just 1.8 percent in 2015, a pace 'more normally associated with recessions,' Adam Slater, lead economist at Oxford Economics Ltd. in London, wrote in a report."