Performance of Agricultural Sector through International Trade in India

Abstract

The purchasing and selling of goods generated by the farming and forestry industries is referred to as agricultural trade. It can increase customer access to a wider range of agricultural products, frequently at cheaper rates. International Agricultural trade is the exchange or import and export of goods and services of agriculture and allied products between countries. Agricultural exporting is the sale of goods and services of agri-allied products from one's own country to another. On the other hand, Agricultural Importing refers to the Purchase of goods and services of agri-allied foreign product and their transportation into one's native nation. The term "agricultural trade" refers to the commercial activities associated with moving agricultural products (goods and services) such as farm, horticulture, and other allied products from one country to another. Agricultural marketing refers to all actions taken to move agricultural products from producers to consumers through several levels of marketing channels, including time (storage), location (transportation), form (processing), and ownership transfer. The foundation of the Indian economy is agriculture. 170 million out of 320 million workers are employed in agriculture.