1Division of Dairy Economic, Statistics and Management, ICAR-NDRI, Karnal-132001 (Haryana)
2ICAR-Indian Agricultural Research Institute, New Delhi-110012
3Professor, University of Agricultural Sciences, Bengaluru-560065 (Karnataka)
4Scientist, ICAR-Indian Institute of Wheat and Barley Research, Karnal-110012 (Haryana)
JEL Codes: C20, C60, F17
Share of tea export in total agricultural export depicted a decreasing trend during the post-WTO era. To analyze the performance of tea in post-WTO scenario, the time series data on exports was divided into three periods (Period-I: 1995–96 to 1999–00, Period-II: 2000–01 to 2008–09, and Period-III: 2009–10 to 2018–19). The study revealed that the quantity of export, value of total export and unit value of export were depicted significant and positive growth throughout the periods, instability of unit value of export and value of export was higher in Period-II than others. Russian Federation, USA, UK, UAE and Iran were identified as the major export destination of Indian tea. The international price of tea as well as coffee and exchange rate were identified as the key determinants of tea export from India.
Export, instability, Markov Chain, tea, transition probability matrix
