PERFORMANCE ANALYSIS OF CUMIN EXPORT FROM INDIA

The research study entitled “Performance analysis of cumin export from India” was undertaken with objectives to analyze the growth and instability in export, factors influencing export, comparative advantage in export of cumin, direction of trade and changing pattern, predict future cumin export to importing destination. The secondary data was collected from the various publish sources and website. The different analytical tools like Compound Growth rate analysis, instability index, Multiple Linear Regression, Revealed Comparative advantage, Markov Chain analysis, were employed to study the export trade analysis of cumin. The study time period was 2006-07 to 2017-18. The study revealed that export of cumin from India was mainly focused on Vietnam, USA, UAE, Malaysia and Nepal. The growth of export quantity of cumin was positive and significant. While growth of export value of cumin was positive but non-significant. All countries showed more than 25 per cent instability in cumin export during study period. Nepal remains the most unstable market and Malaysia remains more stable markets in terms of export quantity and value of Indian cumin throughout the study period. USA and Malaysia were the most preferable market for the export of cumin. Indian production and exchange rate were the major factors influencing the export of cumin from India. India has comparative advantage in cumin export with Vietnam, Nepal and UAE. Vietnam and Malaysia were the most loyal markets for Indian cumin while the countries such as Nepal and USA were poorly loyal markets. However, UAE and other countries group were the moderately loyal markets. Prediction of future cumin export showed that Vietnam, USA, Nepal and other countries group shows decreasing trend. However, Malaysia and UAE shows the increasing trend.

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Keywords: Growth, Instability, Comparative Advantage and Direction of Trade.


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