Department of Economics and Sociology, Punjab Agricultural University, Ludhiana-141 004, India
Though India has become food surplus and the advancement of technology and the free flow of capital is available, but the country faces setbacks at qualitative ends. Despite increasing value of exports, the country is still not able to achieve a surplus balance of trade. The present paper examines the trends, composition, and directions of trade of agricultural products in the liberalized economy. Among the countries of the world, India shares better trade relations with Vietnam, UAE, Saudi Arabia and the USA. In order to strive for a favorable balance of trade, there is a need to explore potential markets for agricultural products in Europe and Africa with prime focus on the integration of technological innovation and better marketing infrastructure.
Agricultural product, export, growth, import, trade, India
