GLOBAL TRADE PERFORMANCE OF DATE'S (Phoenix dactylifera Lnn.) A FOREIGN TRADE ANALYSIS
Autor: | S M Jainuddin ,Vasudev Naik and Rajshekhar Basanayak |
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Rok vydání: | 2023 |
Předmět: | |
DOI: | 10.5281/zenodo.8125980 |
Popis: | The study examines the international trade performance of dates and the study was conducted by collecting secondary data on exports-imports of dates from 52 countries distributed across six continents. This study analyses the growth rates of international trading prices, Instability index, EUV, IUV, Terms of Trade (TOT), trade price elasticities and trends of date. The study concluded that the annual growth of exports and imports of dates was around 4.80 percent and 4.78 percent in the world, respectively. The study noticed that more than 85% of the dates were exported by only six countries viz., UAE, Iraq, Iran, Pakistan, Tunisia and Saudi Arabia in the world. Whereas, more than 60% of dates were imported by India, UAE, Morocco, France and Yemen during study period. The study concluded that UAE is leader in exports of dates with around 24 percent of the total volume traded, but it represented only 10.08 percent of the market in terms of value. Although, India’s is considered as major importers (36% in volume traded) of dates in the world but it represented only 16 percent of the market in terms of (US$) values. The export price elasticity for Tunisia, Egypt, Germany, Netherlands, Iraq, Jordan, USA, Pakistan and Saudi Arabia was elastic in nature, whereas for UAE, Iran, France and Oman were inelastic. The export price elastic countries may gain extra foreign exchange revenue if they reduce their exports prices of dates. The USA, Israel, Netherlands, Germany, France, Jordan, Saudi Arabia, Egypt, Pakistan and Niger have comparative advantage in exports of dates and enjoy’s better TOT whereas UAE, Tunisia and Iran have comparative disadvantage in exports might be due to more import price than export. The study concluded that UAE was emerged as leader in exports of dates with around 24 percent of the total volume traded, but it represented only 10.08 percent of the market share in terms of value during study period. Although, India’s is considered as major importers (36% in volume traded) of dates in the world but it represented only 16 percent of the market in terms of (US$) values during study period. The study showed that terms of trade (TOT) of all importing countries improved including India except UAE and Malaysia. It revealed that the largest exporters such as UAE and Iran market share is less in terms of values; both showed a deterioration TOT may be due to more imports price than exports. {"references":["1.\tAdeeth Cariappa, A. G. and Chandel, B.S., 2020, Why are the pepper prices declining? An analysis of changing production and trade scenario in India, Journal of Plantation Crops, 48(1):60-69. 2.\tAndres, M. M., 2016, Dates: A date with fortune and profits, September 2016 issue, The Dollars Business. 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