![]() India exports non-basmati rice to Nepal, Bangladesh, China, Cote D’ Ivoire, Togo, Senegal, Guinea, Vietnam, Djibouti, Madagascar, Cameroon Somalia, Malaysia, Liberia, United Arab Emirates etc. In the case of non-basmati rice shipment, the West African country Benin is one of the major importers of non-basmati rice from India. India exports aromatic and long grain Basmati rice to Saudi Arabia, Iran and other middle east countries besides to the United States and European Union. “It indicates the diversification of India’s rice export over the years,” a commerce ministry official said. “We have more than adequate rice stocks to meet supplies for the Public Distribution System,” an official said.Īccording to the United States Department of Agriculture (USDA) rice outlook report for April, the global trade in the 2022 calendar year is projected at a record 52.5 MT out of which India’s rice exports are projected to be around 21 MT while Vietnam will ship around 6 MT of rice.Īs per DGCIS data, India exported rice to over 150 countries in 2021-22. However, this stock excludes 22 MT of rice yet to be received from the millers by FCI. The Food Corporation of India (FCI) as of April 1, 2022, had rice stock of more than 32 MT against the buffer norm of 13.58 MT. ![]() ![]() More than 80% of India’s rice production is grown in the Kharif season. Official sources told FE that rice exports would continue to surge this fiscal year because of factors such as surplus domestic stocks and expectation of robust forthcoming Kharif crops. OECD wants data sharing on foreign real estate deals ![]()
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