Identifying Markets and Forecasting Export Prospects for India’s Marine Products

Ram Singh and Areej Siddiqui
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Ram Singh: Professor & Head (MDPs), Indian Institute of Foreign Trade, New Delhi

International Journal of Business and Economics, 2021, vol. 20, issue 1, 57-72

Abstract: The marine sector in India holds tremendous potential for growth, export expansion and employment generation primarily due to India’s competitive advantage in the production of marine products. In the present paper, an attempt has been made to identify the key destinations for India’s marine export using trade analytical tools like Revealed Comparative Advantage and Import Intensity Index. ARIMA forecasting is applied to map the export potential of selected marine products to specific destinations. The paper also provides suggestions to exporters and the policymakers on tapping the future export potential of marine products in selected countries.

Keywords: Marine Sector; India; Export Forecasting; Revealed Comparative Advantage; Import Intensity; ARIMAt (search for similar items in EconPapers)
JEL-codes: F14 F17 O13 O53 (search for similar items in EconPapers)
Date: 2021
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