International Journal of Pure & Applied Bioscience (IJPAB)
Year : 2017, Volume : 5, Issue : 6
First page : (329) Last page : (336)
Article doi: http://dx.doi.org/10.18782/2320-7051.4007

An Empirical Assessment of Indian Seafood Export Performance and Competitiveness

Mahida Navghan and Nalini Ranjan Kumar*
Central Institute of Fisheries Education, Versova, Mumbai- 400 061
*Corresponding Author E-mail: nrkumar@cife.edu.in
Received: 8.06.2017  |  Revised: 12.07.2017   |  Accepted: 20.07.2017  

 ABSTRACT

The fisheries sector plays a significant role in the Indian economy contributing nearly 1 percent to the nation's GDP (FAO, 2015). The present study focuses on explaining the competitiveness of seafood trade of India and its efficiency and relative advantage in Indian market. These results have clearly shown that India does have comparative advantage in exporting Fish and fish products. India is facing the decline of XCI (>1) since last two years and it was repeated in past too, but it founds competitive in the export of fish. If proper attention has been paid towards the export procedure and quality enhancement in export of seafood, India can incorporate this irregularity in competitiveness which lead fisheries a major foreign currency contributing sector. India has less import and increasing export thus leading to positive trade advantage (RTA) and is progressing consistently. India reflects the strong competitive power in the export of seafood as it was greater than 1 to a large extent. The study suggests major determinants like fluctuations of price in international market and exchange rate should be incorporated to achieve expected growth rate.

Key words: GDP, Fisheries, Seafood, Prawns,

Full Text : PDF; Journal doi : http://dx.doi.org/10.18782

Cite this article: Navghan, M., Kumar, N.R., An Empirical Assessment of Indian Seafood Export Performance and Competitiveness, Int. J. Pure App. Biosci.5(6): 329-336 (2017). doi: http://dx.doi.org/10.18782/2320-7051.4007