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India's Agricultural Exports

Author

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  • S.K. Goyal
  • R.N. Pandey
  • J.P. Singh

Abstract

The composition of Indian exports indicated the rising share of manufactured exports and the decline of agricultural exports. Of the various agricultural & allied items, tea & mate, cashew kernels, spices and coffee were the dominant exportable items during 1970s but their share later on had declined. Further it was found that during the nineties, marine products, oil cakes, rice, fruits, etc. have potential for export earnings. The total agricultural exports increased at the annual compound growth rate of about 25 per cent during 1991-98. The compound growth rate of all the agricultural and allied items except tea & mate and sugar & honey were higher during nineties (1991-98) than in seventies and eighties. During this period (1991-98), coffee, oil cakes, tobacco, raw cotton, rice, spices and fish & products exhibited high volatility in exports. The share of our agricultural exports in world exports although is very low but is increasing over the years. For competing with other countries and, therefore, to raise its share in the world exports, sustained high rate of growth of Indian exports is of paramount importance. The prospects for increasing agricultural exports have improved after the liberalisation.

Suggested Citation

  • S.K. Goyal & R.N. Pandey & J.P. Singh, 2000. "India's Agricultural Exports," Foreign Trade Review, , vol. 35(1), pages 32-46, April.
    • Handle: RePEc:sae:fortra:v:35:y:2000:i:1:p:32-46
    DOI: 10.1177/0015732515000103
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