Export Performance of Gems and Jewellery Industry: A Comparative Analysis of India and China

Abstract

This paper compares the export competitiveness for Gems and Jewellery industry of India and China. All the values for export and import of commodities have been taken from the International Trade Centre (ITC) online database for the study period 2001-2013. Revealed Comparative Advantage (RCA) indices were calculated for 2-digit level of HS Classification, i.e., Gems and Jewellery (71) and also for 4-digit level of HS Classification to get a detailed and in-depth study of the various commodities, 7101-7118. We found that India has relatively better comparative advantage than China in the Gems and Jewellery (71) industry on 2-digit level. China holds a comparative advantage on eight commodities out of eighteen commodities of Gems and Jewellery industry at four digit level of HS classification as compared to India which holds comparative advantage in six commodities on four digit level.