https://doi.org/10.35716/IJED-25279
Author: G. Johns Tiyndel, Jitender Kumar Bhatia, Dalip Kumar Bishnoi, D. P. Malik, Nitin Bhardwaj, A.K. Godara, Anil Kumar
Author Address: CCS Haryana Agricultural University, Hisar-125004 (Haryana)
The study examined the growth performance
and export patterns of oilseed crops in India, with a specific focus on soybean
and mustard seed. The growth rate, balance of trade, and transitional
probability matrix were used to analyze the study using the latest ten years of
data (2015–2024) collected from various national and international sources. The
findings showed that India’s oilseed sector grow steadily, supported by an
increase in both the area under cultivation and overall production. Although
soybean exports declined and resulted in a negative trade balance, mustard seed
exports grew by 17.79 per cent and continued to show a positive trade surplus.
The USA was the most stable market for Indian soybean with the highest
retention capacity (90.00 per cent), while Malaysia exhibited the highest
retention (100 per cent) for mustard seed. The study recommends that India
strengthen trade relations with countries with high retention rates, such as
the USA for soybeans and Malaysia for mustard seed, to improve its position in
the global oilseed export market and support sustained growth in agricultural
exports.
Keywords: Export, import, Markov Chain, oilseeds,
transitional probability matrix.
Indian Journal of Economics and Development
https://doi.org/10.35716/IJED-25279
Impact Factor: 0.2 (2025)
NAAS Score: 6.30 (2025)
Indexed in Scopus (SJR = 0.15)