The research study entitled “Growth and stability in castor oil export from India” was undertaken with the objective to analyze the growth and instability in export of castor oil from India. The secondary data for the 20 years was collected and different analytical tools like compound annual growth rate and instability index were used for the study purpose. The study revealed that export of castor oil from India was mainly focused on China, Netherland, France, USA, Japan, Thailand, Korea, UK, Italy, Turkey and Other country group. The growth rate for the quantity of castor oil exported was more than value obtain from export of castor oil. Quantity of castor oil exported was growing at 7.44 per cent per annum. All countries showed more than 8 per cent instability in castor oil export during study period. Italy remains the most unstable market and UK remains more stable markets in terms of export quantity and Korea remains more stable markets in terms of export value of Indian castor oil throughout the study period. Korea, UK and Turkey were the most preferable market for the export of castor oil.

Keywords: Growth, Instability, Matrix of Association, Export, Secondary Data.