India-ASEAN Agricultural Trade: An RCA Analysis

This study investigates the trade dynamics between ASEAN and India focusing on agricultural trade between 2011 and 2023. It examines the expanding economic ties between the two regions, with particular emphasis on trade intensity, relationship, and variations. Using Revealed symmetric comparative advantage (RSCA), revealed comparative advantage (RCA), and Trade Intensity Index (TII), the research shows that India has significant competitive advantages in oilseeds and grains, offering prospects for growth in these areas. The findings highlight India’s strong trade relationships with Vietnam and Myanmar as well as potential trade vulnerabilities. India's reliance on ASEAN for essential commodities, especially palm oil, is highlighted by its import dependency on Indonesia and Malaysia. This study also identifies emerging opportunities for Indian agricultural export in aquaculture and fisheries. India must focus on diversifying exports in fisheries and aquaculture to enhance its agricultural trade with ASEAN. Reducing import dependence is vital, especially through boosting domestic palm oil and alternative oilseed crops. Enhancements in trade policy and sustainable practices are necessary. Strengthening trade relations via targeted agreements and agricultural research will improve productivity and resilience, solidifying India's agricultural position in ASEAN markets