Trade Balance and Growth of Indian Agriculture Exports

Abstract

Throughout its history, India has been viewed as an agricultural country. 54.6 percent of India's population (census 2011) is employed in agriculture and related sectors, which accounted for 17.4 percent of GDP in 2016-17. (Current prices). Agriculture accounted for 10.5% of India's total exports in 2017 with a value of $33.87 billion. The paper's introduction, goals, review of literature, research methodology, growth rates in agricultural commodity trade, India's agriculture trade, government agriculture foreign trade strategy, conclusion, and recommendations are among the sections of the paper that are included. Trade in agricultural commodities in India was studied using an exponential model of the form Yt = abteu. Carl Pearson's co-relation co-efficient test was used to analyse and assess the data gathered from secondary sources, such as the economic survey, annual reports from the agriculture ministry, and so on.. After a thorough review of the data, a researcher has come up with a set of recommendations to help the Indian economy grow.