India’s foreign trade performance of Sri Lanka – with special reference to agricultural products

Abstract

The studies seek to establish a relationship between the agricultural products of export and import of India. Foreign trade is nothing but trade among the different countries in this world. India is the largest manufacturer of fresh vegetables, fresh fruits, and major spices as well as numerous dry fruits, tea and coffee, meat and raw materials. At this point is the list of the top 15 largest agricultural products produced in India by price/quantity. The nation has second everywhere throughout the world regarding agricultural products. Farming is the most imperative segment in the Indian financial system. Indian cultivation division financial statement for 18 percent of India’s gross domestic product (GDP) and provides to 50% labor countries labour force. India is the world’s biggest producer of pulses, rice, wheat, spices, and spices products. Sri Lanka has usually pursued a two sided agricultural policy. One was functional to the plantation sector, which grows export crops and tea, rubber and coconut. The segment benefited from some incentives provided for export expansion and foreign exchange. The other was functional to the non-plantation sector, based on smallholder manufacture of mainly basic foods. In their present examination, a sum of 37 groups related to farming products. The statistical techniques working to analyze the data include linear forecast model Equation, correlation. The examination likewise uncovered a positive and the connection among India and Sri Lanka exchanges the rural part.