Global trade competitiveness of Indian buffalo meat: Trends and determinants

Abstract

The study examines the performance of buffalo meat (HS-020230) trade globally and from India, assesses the export competitiveness of buffalo meat export, and identifies the determinants of export growth of buffalo meat from India. The study’s empirical finding reveals that India has approximately 54% of the world’s buffalo population and is one of the major buffalo meat suppliers to the international market. India’s proportion of worldwide buffalo meat exports has increased from 3.34% in 2000 to 11.23% in 2020. During TE 2020, India exported 3052.4 million USD worth of buffalo meat to the rest of the globe, and the single-largest reported destination for India’s buffalo exports was Vietnam, contributing 34% of India’s buffalo meat export. The study determines India’s competitiveness in the buffalo meat sector, and the results showed that China has RCA value greater than one, clearly indicating the strength of India in exporting meat to China. Buffalo population, total livestock population, and GDP of India have been identified as important determinants of the export of buffalo meat from India.