1.1.6 Analysis of Imports and Exports in India: Pre and Post COVID Periods

Lopamudra Naik
KIIT School of Management (KSOM), KIIT DU Bhubaneswar, India

DOI: CJBES/Vol.1.1/June_2024

Abstract

This paper examines the impact of COVID pandemic on India’s imports and exports. By conducting a comparative analysis of pre and post COVID data, the research aims to identify changes in trend patterns and provides a comprehensive view of trade dynamics over these years (2016-2023). The analysis, using a paired t-test, identifies changes in imports and exports between the two periods. The research explores if there are statistically significant differences in trade volumes and identify potential influencing factors such as policy changes, global economic fluctuations. The research revealed significant disruptions in imports and exports during the pandemic with notable declines followed by gradual recovery. The understanding of the impact of pandemic on India’s imports and exports is crucial for policymakers and businesses. The findings highlight the broader discourse on trade resilience and adaptability, while also underscoring the need for policy interventions to enhance trade competitiveness.

Keywords: India, Imports, Exports, COVID, Economic Resilience, Trade Policy

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Published
2024-06-25