Indian Journal Of Agricultural Research

Direction of trade and changing pattern of indian marine products exports
 

DOI: 10.18805/IJARe.A-4797    | Article Id: A-4797 | Page : 463-467
Citation :- Direction of trade and changing pattern of indian marine products exports.Indian Journal Of Agricultural Research.2017.(51):463-467
N. Manjunath, H. Lokesha and B. Jagrati Deshmanya manjunatha.agecon@gmail.com
Address : Department of Agricultural Economics, College of Agriculture, University Of Agricultural Science, Raichur-584 104, Karnataka, India
Submitted Date : 22-05-2017
Accepted Date : 5-07-2017
First Online:

Abstract

The present study was initiated with the objective of analyzing the export performance of marine products in India. The study is based on the secondary data i.e., quantity of export of marine products from 2005-06 to 2014-15 compiled from official website of Marine Products Export Development Authority of India.  The structural change and direction of trade in marine products was analyzed using Markov Chain approach. The Cumulative Annual Growth Rate of export of marine products from India in volume and value terms is positive with 8.67 and 19.58 per cent during the period from 2005-06 to 2014-15. The increased export growth in marine products is mainly attributed its increasing demand from animal and human consumption, food processing as well as alternative purposes such as cosmetics, fishmeal and fish oil, bio active compounds, pharmaceuticals, marine protein and food processing aids and bi-products are used for valuable ornamentals. European Union, South East Asia and China are the stable importer of Indian marine products as reflected by the highest probability of retention was 79, 78 and 74 per cent respectively. Therefore, efforts are needed to promote exports to these countries by stabilizing the markets by supplying quality marine products and make its price competitive in the international market. 

Keywords

Cumulative annual growth rate Direction of trade Export competitiveness Marine products Structural change.

References

  1. Dent, W.T., (1967). Application of Markov Analysis to International Wool Flows, Review of Economics and Statistics, 49(2): 613-616.
  2. Devaraj, M., (2007). Fish supply and demand position in India. Fishing Chimes, 18(2): 7-8.
  3. Jalajakshi, C.K., (1994) Exports of shrimps from India- An Econometric Analysis Unpublished M.Sc.(Agri.) Thesis, University of agricultural sciences, Bangalore.
  4. Kusuma, D.K. and Basavaraja, H., (2014) Stability analysis of mango export markets of India: Markov chain approach. Karnataka Journal of Agricultural Sciences, 27(1): 36-39
  5. Mahadevaiah, G. S., Ravi, P. C. and Chengappa, P. G., (2005). Stability analysis of raw cotton export markets of India - A Markov chain approach. Agricultural Economics Research Review, 18: 253-259
  6. Mamatha, B. G., (1995). Export trade of selected spices in India – An economic analysis. M.Sc. (Agri.) thesis (unpublished), University of Agricultural Sciences, Bangalore.
  7. Parvathy P, and Rajasenan, D., (2012), Marine Product Exports of Kerala in the ASEAN India Free Trade Area: Possibilities and Challenges. Journal of Economics and Sustainable Development, 7: 2222-2855 (Online).
  8. Singh, M., (2010). Projection of potato export from India: A Markov chain approach. Potato journal, 37(1-2): 48-55
  9. Tejaswi, P. B., Naik, B. K., Kunnal, L. B. and Basavaraj, H., (2006). Direction of trade and changing pattern of Indian coffee exports - An application of Markov chain analysis. Karnataka Journal of Agricultural Sciences, 19(1): 71-75.

Global Footprints