Unravelling India’s Sugar Trade Competitiveness and Export Restrictions to Global Market: A Gravity and Stochastic Multimarket Analysis

Key Points

• India's sugar trade competitiveness is influenced by export restrictions and global market dynamics.
• A gravity and stochastic multimarket analysis indicated a substantial correlation between export policies and trade outcomes.
• The analysis highlights various market factors that determine India's position in the global sugar trade.
• Findings support the need for policy adjustments to enhance India's competitiveness in the international sugar market.