Growth & Instability of International Trade of Sugar in India

Abstract

India is the largest producer of sugar in the world. But, international trade doesn't show such a scene. Hence, the study was undertaken on India's international trade of sugar. The study is based on secondary data for a period of 20 years (1999-2018). To assess the periodic increase or decrease in international trade of sugar, the period was further divided into two sub-periods, and the exponential growth function was used to compute the growth trends and, further, Coppock's Instability Index (CII) was used to know the instability in the sugar trade. The results of the growth rate showed a negative trend in sugar export and a declining trend in sugar import while the sugar production exhibited an increasing trend in the overall period as well as in all the sub- periods under investigation. International trade of sugar was observed instable during the study period.