Journal ID : AMA-25-12-2022-11923
[This article belongs to Volume - 53, Issue - 12]
Total View : 456

Title : Export and Import performance of Walnut in India: An empirical analysis through Revealed Comparative and Trade advantage along with Revealed competitiveness

Abstract :

Walnut is the most important temperate nut of India with Jammu and Kashmir being the highest contributor (90%) to the total walnut production in the country. This study focuses on analysing the export performance of Indian walnut from 2005 to 2020. The secondary data for this research was collected from Agriculture and Processed Food Products Export Development Authority (APEDA) and United Nations Statistics. Revealed Comparative advantage (RCA), Revealed Import advantage (RMA), Revealed Competitiveness (RC) and Revealed Trade advantage (RTA) was used to assess the Export and Import stand of India globally. The import penetration ratio (IPR) was used to assess the protection levels of domestic markets. The findings of this research demonstrate that the RCA of walnut has been below 1 since 2011, depicting the country’s disadvantage in world export with an RCA of 0.136 in 2020, whereas the RMA has been increasing since 2014 which was 0.02 and then 0.81 in 2020. In addition to that, RTA has been continuously declining in 2011which was 0.65 and then being its lowest at -0.68 in 2020. Similarly, RC has also been declining since 2005 (11.85) and has remained below zero since 2016 with -1.79 in 2020. Thus, the IPR has been positive since 2015 which shows that Indian markets have been lowering their tariff and protections. Therefore, the novelty of this research is that Indian walnut export has been losing its advantage in global trades as our area and production of walnut didn’t show much growth over the last 15 years but our demand has been increasing continuously, so importing turned out to be highly advantageous as it fulfilled our domestic demands.

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