Author: Gurindapalli Swetha and Ritambhara Singh
Author Address: Research Scholar, Department of Agricultural Economics, Post Graduate College of Agriculture and Associate Professor, Agribusiness Management. School of Agribusiness and Rural Management, Dr Rajendra Prasad Central Agricultural University, Pusa, Samastipu
Keywords: Comparative advantage, intra-industry trade, market diversification, product diversification.
JEL Codes: F11, F14, O14, O24.
The study used export data of India's major processed food and agro-based products for the years 2014-2023 and analysed trends in growth rate, comparative advantage, intra-industry trade, market diversification and product diversification. The findings revealed that cane or beet sugar exports recorded the highest growth, while castor oil revealed the highest comparative advantage. Grubel Lloyd Index values revealed intra-industry trade in soybean oil cake and cane or beet sugar, whereas other products recorded inter-industry trade. Regional Herfindahl Index values indicated increasing market diversification across all products, except soybean oil cake, which showed regional concentration. Sectoral Herfindahl Index values showed product diversification for all selected products. The study suggested product-specific policy interventions to enhance the export potential and sustained growth of India's processed foods in global markets.
Indian J Econ Dev, 2026, 22(1), 85-95
https://doi.org/10.35716/IJED-25201
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