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IJSTR >> Volume 9 - Issue 6, June 2020 Edition

International Journal of Scientific & Technology Research  
International Journal of Scientific & Technology Research

Website: http://www.ijstr.org

ISSN 2277-8616

Groundnut Exports Of India-Direction And Trends

[Full Text]



Dr.V.Palanisingh1, R. Vijayalakshmi2, R.Sathishkumar3, Dr.V.Palanichamy4



Groundnut, Oil seed, Exports, Agriculture, Processed Foods, Vegetable Oil .



Groundnut is the most important oilseed crop in India and it plays a key role in bridging the vegetable oil deficit in the country. Ground Nuts are essential protein crops in India and grown in mostly under rain-fed conditions. In this study, a modest attempt has been made to study the direction and trends of groundnut exports in India. Secondary data has been collected from the Ministry of Agriculture, Agricultural and Processed Food Products Export Development Authority and Ministry of Commerce and Industry. One-way ANOVA has been employed testing the hypothesis. The percentage share of Groundnut exports in Total Exports is a fluctuating trend. India is the largest exporter to Indonesia US $118.62 million in 2009-10, US $ 234.56 million in 2013-14 and it has registered a CAGR of 5.59 per cent. India is the largest exporter to ASEAN region US $ 246.36 million in 2019-10, US $ 590.1 million in 2014-15 and it has decreased to US $ 340.14 million in 2018-19 and it has registered a CAGR of 3.65 per cent.



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