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India is the leading exporter of the Basmati Rice to the global market. [9] In the financial year 2018–19, India exported around 4.4 million metric tons [10] of Basmati rice worth US$4.7 billion. [9] A graph showing exports by India of Basmati and Non-Basmati Rice from 2021 to 2023. [11] [12]
July 20, 2023 at 6:20 PM. ... “India would disrupt the global rice market with far greater velocity than Ukraine did in the wheat market with Russia’s invasion,” B.V. Krishna Rao, president ...
IMF chief Kristalina Georgieva urged India to reconsider its ban on wheat exports. [79] On 20 July 2023, India's government announced that it would stop exporting the widely consumed non-basmati white rice. [80] [81] On 25 August 2023, India imposed a 20 percent duty on exports of parboiled rice. [82]
The total world cereal production for 2023 was over three billion metric tons. The per-capita world cereal production for that year was about or nearly 400 kilograms per person. [citation needed] The countries with the highest production of cereals include China, the United States, India, Brazil, Russia, Argentina and Canada.
In 2007/2008, a series of countries starting with Vietnam imposed bans on exports of rice, according to the IFPRI.India soon followed suit in October of 2007, and then Pakistan and Thailand.
India is responsible for about 40% of the global rice trade, he noted. The banned items amount to about 15%. A farmer harvests rice crop in a paddy field on the outskirts of Guwahati, India.
Rice production by country (2019) This is a list of countries by rice production in 2022 based on the Food and Agriculture Organization Corporate Statistical Database. The total world rice production for 2022 was 776,461,457 [1] metric tonnes. In 1961, the total world production was 216 million tonnes.
July 29, 2023 at 4:06 PM. ... the supply of imported rice from India may not yet be a problem — despite the panic buying — but a long-term ban would certainly deplete that stock.