An Overview of Foreign Trade in Environmental Goods with Special Reference to India
Author(s): Dr. Sheetal Chaddha
Authors Affiliations:
Assistant prof. BMS, Smt. M.M.K College of Commerce and Economics
DOIs:10.2015/IJIRMF/202505008     |     Paper ID: IJIRMF202505008Abstract: In a world grappling with the dual challenges of accelerating climate change and deteriorating international trade relations, collaborative and sustainable development has emerged as a critical pathway forward. Promoting trade in environmental goods offers a promising avenue to address both environmental and economic concerns. This study assesses India’s position in the global trade of environmental goods by analyzing the growth of its exports and imports in comparison to global trends, as well as those of developed and developing countries, over the period 2000 to 2021. It applies the log-linear method in linear regression to compute the compound annual growth rate with 2000 as the base year. The findings reveal a declining share of developed countries in environmental goods exports, accompanied by a rising share from developing nations. Although India’s share in global environmental goods exports remains modest at around 1%, it has recorded higher export growth relative to the world average and both developed and developing countries. Similarly, while India's share in global imports of environmental goods is slightly higher than its export share, it too is experiencing faster growth. These trends highlight India’s increasing engagement in the trade of environmental goods and suggest potential for future expansion in this sector.
ÂDr. Sheetal Chaddha(2025); An Overview of Foreign Trade in Environmental Goods with Special Reference to India, International Journal for Innovative Research in Multidisciplinary Field, ISSN(O): 2455-0620, Vol-11, Issue-5, Pp.45-55.     Available on –  https://www.ijirmf.com/