Volume : 4, Issue : 11, November - 2015

SHARE OF INDIA IN GLOBAL TRADE OF LIVESTOCK PRODUCTS � A MACRO APPROACH

Capt. Dr. S. Sridhar, Dr. J. Shilpa Shree

Abstract :

<p>Global trade in livestock products is expanding rapidly and significantly due to increase in consumer demands linked to growing educational and awareness of consumer, internationalisation of tastes and habits, developments in science and technology and improvements in communication and transportation. Thus, a deeper understanding of the dynamics of trade performance of livestock sector in India would contribute towards the development strategy of this sector. The secondary data were collected from Food and Agricultural Organization (FAO) of the United Nations and Agricultural and Processed food products Export Development Authority (APEDA). It was observed that India has a major share in total global export among the products like bovine meat, Poultry products and Sheep and Goat meat. The results showed that India&rsquo;s dairy products share in total global import was reduced till 2011 but later imports have been increasing due to raise in income, changing lifestyles, etc. During 2011, positive balance of trade was observed in trade of all live animals except poultry and also in all livestock products except dairy products, wool &amp; hair, hide &amp; skin and swine meat. This may be due to the quality of products produced in the country falls below the internationally accepted standards. Intensive efforts are needed to meet the WTO&rsquo;s Sanitary and Phytosanitary (SPS) and Technical Barriers of Trade (TBT) agreements and Codex Alimentarius Commission guidelines on quality and safety.</p>