Increasing exports has been at the centre of policymaking for ensuring India’s economic growth and development. An analysis of the relative contribution of intensive and extensive margins to growth in India’s agricultural exports from 2001–20 reveals that the intensification of the export of existing products to existing destinations dominated export growth, whereas the contribution of export diversification has remained subdued. Broadly, the results indicate that India’s exports along the extensive margin have not been fully exploited and that export diversification holds the key to higher export growth. There is a wide scope for expansion of India’s agricultural exports through the development of new product varieties and markets.
