Question

Trends in agriculture export and import and implications in india

Answer 1

Answer:

In 2012-13, the share of agricultural commodities and food products in India’s overall export basket was 10.66%.  This figure was around 20% in 1990s while 7.9% in late 2010s. Thus, from 1990s onwards, the share of farm exports in India’s total exports went down, and it has only improved in recent years marginally. The reason is not adverse performance of farm sector but is robust performance of other sectors particularly service sector. Thus, the key reason is that service exports outperformed agricultural exports in last two decades.