This study explores growth dimensions, instability, sources of growth and variability of mango and mango pulp exports to major importing countries. The secondary data on volume and value of mango and mango pulp exports from India collected for 30 years from the year 1987-2016 were analyzed using Markov Chain and accordingly the future exports were forecasted. UAE and Kuwait for fresh mango and Saudi Arabia, UAE and Netherland for mango pulp were the most stable markets. It was predicted that quantum of mango export to countries Viz; Saudi Arabia, Kuwait and UK are expected to increase while quantity exported to UAE, Bangladesh and other countries are expected to decline from the year 2016-17. On the other hand, for mango pulp, forecasting revealed that in terms of quantity its export to UK, UAE, Netherland and USA would rise and quantity exported to Saudi Arabia, YAR and other countries would decline. A need for more concentration on export promotion to tap the potential and strengthening of existing processing units by providing access to information on modern technology, packaging, markets, food laws and hygiene requirements of different market are suggestions emerged from the study.