Production and Export Dynamics of Natural Resins and Gums in India
Price: ₹ 500
Author: M.S. Udaykumar, Arnab Roy, S.K. Pandey, Manojkumar Patil, Vaishnavi and Abhijit Kar
Author Address: Scientist, ICAR-National Institute of Secondary Agriculture, Namkum, Ranchi-834010 (Jharkhand), Scientist, CSB-Central Tasar Research and Training Institute, Central Silk Board, Ranchi-835303 (Jharkhand), Research Scholar, Department of Agricultural Econo
Keywords: Export competitiveness, natural resins, non-timber forest products, revealed comparative advantage, transitional probability.
JEL Codes: F14, Q17, Q23, Q56.
Abstract
Natural resins and gums (NRGs) represent one of the most labour-intensive sectors within secondary agriculture in India. The study investigated the status and export destinations of India's NRGs using the Revealed Comparative Advantage (RCA) Index and Markov Chain Analysis based on data from the past decade (2013-14 to 2023-24). The findings revealed an overall decline in most resin and gum exports, with the exception of the "other resins and gums" category. Nepal emerged as the most stable importer, retaining 73.1 per cent of its imports, with some shifting to other countries (12.8 per cent) and Germany (5.9 per cent). The export competitiveness analysis indicated a favourable trade environment, while RCA indices showed only marginal changes during the study period. The study suggested that India should develop policies aimed at strengthening trade relations with key countries to boost foreign exchange earnings.
Description
Indian J Econ Dev, 2025, 21(1), 105-112
https://doi.org/10.35716/IJED-24429