Abstract

IMPACT OF MEDICINAL PLANTS IN EXPORTS AND IMPORTS IN INDIA

E. Vijay Bhaskar*

Abstract

Medicinal plants are offering a major market due to their demand all over world. There is a vast demand in medicinal plants resulting in a huge trade, national and international level for domestic use and for commercial trade. In this paper, the medicinal plants exports, imports were studied and analysed. From the result we found that the exports of medicinal plants were more compared to imports. But as compared to total exports and imports, medicinal plants are very low. We need to improve the medicinal plants exports, by making their by bioactive products by developing into herbal drugs. By improving our medicinal plants exports, we can get a way to enter into developed countries.

Keywords: Medicinal plants, Exports, Imports, Foreign trade.