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Volume
20, No. 1, June 2021
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Identifying Markets and
Forecasting Export Prospects for India’s Marine
Products
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Ram Singh
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Professor & Head
(MDPs), Indian Institute of Foreign Trade, New Delhi
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Areej Aftab Siddiqui*
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Assistant Professor,
Indian Institute of Foreign Trade,
New Delhi
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Abstract
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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.
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Key words
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Marine Sector, India,
Export Forecasting, Revealed Comparative Advantage,
Import Intensity, ARIMAt
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JEL
classification
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F14, F17, O13, O53
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