Vol. 11, Issue 11 (2022)

Author(s):
AA Bhagat, BJ Shete and RS Bhoge

Abstract:
The study was carried out to analyze the export prospects of banana in India by using the markov chain model. The secondary data on export quantity of banana in India from the period 1990-91 to 2017-18 (28 years) were obtained from website of Directorate General of Commerce, Industries and Statistics, Kolkata. The analysis revealed that UAE and Maldives were found most stable markets among the major importer studied for Indian banana. However, the countries like Nepal, Oman and other countries are as moderately stable. The maximum gainer among importers of Indian banana was Iran and it has gained from Nepal, Saudi Arab, Oman, Kuwait, Qatar, Maldives and other countries. The exported quantity of Indian banana has shown an increase of 255.21 percent with increased value by 568.70 percent over the base year during last 10 years studied.