Dynamics of Rice Seeds Trade Need for Cooperation between India and Bangladesh

The paper reveals that formal trade in HYV rice seeds between India and Bangladesh is hampered by inefficiencies in the use of available resources, non-tariff barriers, inappropriate pricing of inputs and outputs, among others. It has been identified that there are significant variations in per unit import price of rice seeds by Bangladesh and per unit export price of India: export price of India is much lower than the import price of Bangladesh. In 2007, price of Indian hybrid seed export price was $0.16 per kg, while Bangladesh's import price was $1.59 per kg, registering a difference of $1.43 per kg. This implies that if Bangladesh and India formalises trade and cooperation in rice seed, both the countries could immensely benefit from such an arrangement