India has been ranked second as the most confident market worldwide. After recession and the economic downturn, the trade confidence level among the businessmen in India is remarkable. The survey has reported to have a good response in India.

United Arab Emirates top the list with 134 points on the global trade confidence level index. India has managed to receive 133 points and stood second. This has been reported by the survey conducted by Hongkong Shanghai Banking Corporation (HSBC).

As per the reports of the survey, Vietnam and Brazil were at third and fourth position respectively. Vietnam and Brazil have scored 132 and 129 points respectively. France, with 95 points, was at 17th and last position in the index. Hence France is reported to be very low in confidence level.

This survey report has been disclosed by HSBC India Trade and Supply Chain Head Bhriguraj Singh. He has informed the media about the results of recent survey. Despite financial crisis, some markets, including Asia Pacific region, Latin America, Canada and Europe have shown huge response and very high on confidence.