Advances in Life Sciences
Year : 2016, Volume : 5, Issue : 11
First page : ( 4651) Last page : ( 4657)
Print ISSN : 2278-3849. Online ISSN : 2278-4705.

Growth in Export and Import of Cotton Under WTO Regime in India

Lamtule J. A.*, Deshmukh R. G., Khobarkar V. K., Kadam M. M.

Department of Agricultural Economics and Statistics, Post Graduate Institute Dr. Panjabrao Deshmukh Krishi Vidyapeeth, Akola-444104, Maharashtra, India

*email: jaysing.lamtule@gmail.com

Online published on 2 January, 2017.

Abstract

The present study attempts to examine the growth in the export and import of cotton from India during pre-and post-WTO period. The time series data on export and import were collected for a period from 1977–78 to 2012 13. The study period was divided into pre-WTO period (1977–78 to 1994–95) and post-WTO period (1995–96 to 2012–13). The findings of the study reveal that during the pre-WTO period the highest share of exports from India was to China (31.89%) followed by Japan (16.18%) and Thailand (6.95%). But during the post-WTO period China was the largest importer of India's cotton with a share of 55.54 per cent followed by Pakistan (13.49%) and Bangladesh (11.30%). In both quantity and value of exports, the growth of exports was positively significant during the post-WTO period and growth in quantity of exports was highest in Viet Nam (76.54%) and Turkey (75.37%). The destination wise average imports revealed that during the pre-WTO period the highest share of cotton imported by India from Pakistan (27.48%) followed by Australia (11.53%), Sudan former (11.23%) and USA (10.93%). But during the post-WTO period United States of America was the largest exporter of cotton to India with a share of 27.69 per cent followed by Egypt (12.50%) and Australia (6.23%). In both quantity and value of imports, the growth was not significant during both the periods and growth in quantity of imports was highest for United Republic of Tanzania (51.43%) and Burkina Faso (48.96%) during post-WTO period.

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Keywords

Cotton, Export, Import, Growth.

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