India’s Export Concentration Index: A Measure of Economic Vulnerability

Abstract

Export concentration depicts the concentration of country’s export to small number of countries or products. The country who exports to small number of countries has larger export concentration Index. Suppose a country export to only one country in that case it has perfectly concentrated export index. In case a country exports to large number of countries shows a lower export concentration ratio. India has 219 export partners worldwide. India exports 4411 products with HH Market Concentration Index of 0.06. India’s merchandise trade is 27.53 (percent of G.D.P). Annual growth of exports of goods and services is 4.51 which are 19.1 8percent of GDP. GDP serves as development indicator of any nation. Annual percentage growth rate of GDP of India in 2016 was 7.11. By taking 2000 as the base year the Export Value Index of 2015 was 630.37. The export of India in 2016 was 260,326,912.34 US$ Thousand. East Asia $ Pacific serve as the biggest export partner of India with 59,235,011 US$ Thousand which is 22.75 percent of overall export percentage. The main objectives of the present study that explore the India’s export concentration index