Unlocking the Export Potential of Vegetable Seeds and the Direction of Trade
Price: ₹ 500
Author: Muralidharan C., Murugananthi D., Somasundaram E., Thangaraj K., Shantha Sheela M., Velavan C., Samsai T. and Aruna Prabha
Author Address: Professor, and Assistant Professor, Director, Directorate of Agribusiness Development, Professor, Centre for Students Welfare, Professor, Department of Agricultural and Rural Management, Tamil Nadu Agricultural University, Coimbatore-641003 (Tamil Nadu),
Keywords: Bilateral commerce patterns, export, export potential, import, trade indicators.
JEL Codes: Q13, Q17, Q19.
Abstract
Vegetable seeds play a crucial role in boosting the agricultural economy by increasing farm income, employment, export earnings, nutritional security, and poverty reduction. The main objective of this study was to examine the export potentials, opportunities, and trends in the import of vegetable seeds in India over the past two decades, from 2004 to 2023. An eight-digit ITC (HS) code classification was used for a product-wise analysis of vegetable seeds. India's export quantity of vegetable seeds grew at a Compound Annual Growth Rate (CAGR) of 8.39 per cent, and value grew at a rate of 14 per cent over the past two decades. Similarly, the quantity of vegetable seeds imported to India increased by 15.55 per cent, and the value by 9.4 per cent. India's import quantity of vegetable seeds grew faster than exports, but in terms of value, exports exceeded imports. The transitional probability matrix showed that the export of vegetable seeds from India was highly stable in Asian markets, particularly in Pakistan (70.5 per cent) and Bangladesh (63.5 per cent). However, assessment of export potential revealed that European and Western markets, such as the Netherlands (US $ 29 million) and the USA (US $ 13 million), had greater unrealised export potential for Indian vegetable seeds. Therefore, Indian farmers can tap into these export opportunities in the vegetable seed sector and directly export to these markets to enhance their farm income and achieve sustainability.
Description
Indian J Econ Dev, 2026, 22(2), 250-260
https://doi.org/10.35716/IJED-24455