Competitiveness of Indian Rice in the Global Market: A Comprehensive Revealed Comparative Advantage (RCA) and Nominal Protection Coefficient (NPC) Evaluation

The present study was conducted to analyse the competitiveness of Rice export from India and major Rice exporting countries in the global market for a period from 2000 to 2020. The data on export quantity and value was collected from the official website of UNCOMTRADE. Compound Annual Growth Rate (CAGR) was used to estimate the growth rate of export quantity, value and per unit value of rice. Revealed Comparative Advantage (RCA) and Nominal Protection Coefficient (NPC) were used in the study for analysing the competitiveness of Rice export between India, Pakistan, China, USA, Thailand and Vietnam. The findings revealed that as per the NPC analysis Thailand and Vietnam were most competitive while India was the least competitive in global market. As per the findings of RCA Pakistan and India had the highest comparative advantage while USA had comparative disadvantage during the study period. Policies aimed at enhancing and sustaining the competitiveness of Rice export from India should be formulated.