International Journal For Multidisciplinary Research

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Trends in Agriculture Trade and the Influence of Global Crises on Export of Agricultural Goods of India

Author(s) Md. Jamir Uddin Ahmed
Country India
Abstract Recently it is experienced that the agricultural trade in India has been tremendously change due to came into scene of global crises. In the year 2021 and 2022 exports recorded $ 50.2 billion and imports recorded $ 32.4 billion. The resulting surplus of $ 17.8 billion was significantly lower than the surplus amount of $ 27.7 in the previous record- breaking export year 2013-2014. Covid 19 pandemic and Ukraine war had a positive influence on the record exports from India. But the greater increase in imports has particularly offset the remarkable expansion in exports. In this context, an attempt has been made to examine the causes of this pattern in Indian export of agricultural produces. The study in this regard is significant because, aside from software services, this is one industry in which India has some comparative advantage. The nation must prioritize a stable trade policy, especially for those goods having highest trade potential.
Keywords Russia -Ukraine war, Global Crises,Indian agricultural goods export and export potential
Field Sociology > Economics
Published In Volume 5, Issue 4, July-August 2023
Published On 2023-08-29
Cite This Trends in Agriculture Trade and the Influence of Global Crises on Export of Agricultural Goods of India - Md. Jamir Uddin Ahmed - IJFMR Volume 5, Issue 4, July-August 2023. DOI 10.36948/ijfmr.2023.v05i04.5906
DOI https://doi.org/10.36948/ijfmr.2023.v05i04.5906
Short DOI https://doi.org/gsnrgn
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