Export And Comparative Analysis Of Agricultural Products In India-With Reference To Saarc Countries

Abstract

Aim: This study has the purpose of informing future exports of agricultural products of SAARC countries on how they can be invigorated following declines in both quantity and value of exports since the year 2015-16. An effort has been made to identify and assess the magnitude and effects of critical determinants of the exports of agricultural products from India for 2015-16 to 2019-20.

Study Design: The study includes a separate consideration of the quantity and value of exports as explained variables, as well as the sourcing of ways in which the beneficial implications noted could be maximized for both variables while minimizing negative ones in the process.

Objectives: This study exclusively involves the use of secondary data and own-computations on the quantity and value of agricultural products and the comparative export performance of agricultural products.

Methodology: The Linear Forecast Model Equation was used to estimate separate rank with quantity and value of exports as explained variables, and the Pearson co-efficient of correlation was tested for appropriateness.

Results: The results show India’s export and comparative analysis of agricultural products in SAARC countries. Both the quantity and value of exports are positively related to export and comparative. Much as the value of exports increases with the export price faced by exporters, the volume exported is significant.

Stimulating the export of agricultural products requires increasing production (to be achieved through the creation of favourable production conditions), improvement in the quality of products exported, improvement in the country’s openness to shipping, and minimization or avoidance of domestic market capture and tariff jumping.