import export trade analysis

  India, one of the biggest consumers and importers of edible oils in the world, imports around seventy percent of the total vegetable oil needed. Therefore, India's more open-edged dependence on foreign sources makes the country before risky against global market price fluctuations and volatility, geopolitical issues, and related domestic agricultural problems. With a large range of edible oil imports projected in future times, great importance needs to be placed on understanding on what factors govern the trends behind India's excessive imports of edible oil. This is useful for policymakers, industry participants, and consumers.  The Landscape of Edible Oil Consumption in India The edible oil consumed in India are palm oil, soybean oil, sunflower oil, and mustard oil. Edible oil consumed in India is very high because of its many cultures and traditions. The continuous increase in total Indian consumption is due to population growth, urbanization, and changing diets. Looking...