Agricultural Economics Research Review
  • Year: 2022
  • Volume: 35
  • Issue: conf

Competitiveness in the trade of spices

  • Author:
  • Aditya Bhooshan Srivastava1,*, Supriya1, Pradeep Mishra2, Sachin Kumar Verma1, Ankit Kumar Shakya1
  • Total Page Count: 1
  • Page Number: 167 to 167

1Acharya Narendra Deva University of Agriculture and Technology, Kumarganj, Ayodhya, 224229, Uttar Pradesh

2College of Agriculture, Rewa, JNKVV, Jabalpur, 482002, Madhya Pradesh

*Corresponding author: adityabhooshan1397@gmail.com

Online published on 24 March, 2023.

Abstract

India is known as home of spices. It is the largest producer, consumer and second-largest exporter of spices. The main purpose of this study is to analyse exports and imports of spices. The study is based on secondary data obtained from Spices Statistics at a Glance, Directorate of Arecanut and Spices Development, Ministry of Agriculture and Farmers Welfare, Government of India. India is the birthplace of several spices, including chilli, turmeric, cumin, coriander, ginger, fenugreek, cardamom, curry powder and garlic. Global export performance of spices estimated through Revealed Comparative Advantage (RCA) indicated a trade surplus with occasional fluctuations. Since 2015, the exports of cumin and ginger have increased by 177%, and followed by small cardamom (150%), chilli (111%), turmeric (81%), celery (80%), and large cardamom (28%). The nominal protection coefficients show that exports of turmeric, chilli, and ginger have a comparative advantage.