India Sends Rice To 100 Countries Such A Huge Share In The Global Market 24 July 2023

The Government Of India Took A Big Decision Regarding The Export Of Rice In The Past And Banned The Export Of All Types Of Raw Rice Except Basmati Rice.

The Big Effect Of This Ban Is Being Seen In The American Markets And There Is A Rush Among People To Buy Rice In Supermarkets.

In America, People Are Queuing Up To Buy Rice After Taking Holidays. A Man Is Seen Buying 1010 Packets Of Rice Inside The Store.

According To Nomura Data, India Accounts For 40 Percent Of Global Rice Exports, So The Ban May Increase Global Rice Prices.

The Ban On India'S Export Of Rice Is Likely To Affect The Philippines The Most In Asia, Depending On The Import Of Rice.

Apart From This, Singapore, Hong Kong And Malaysia Are Also Dependent On Imports To Meet Most Of Their Rice Requirements.

This Decision Of The Government Of India Can Also Affect Bangladesh, Nepal And Some African Countries, Although Thailand Can Benefit Because It Is A Rice Exporting Country.

Non-Basmati White Rice Accounts For About 25 Percent Of The Total Rice Exported From The Country. India Exports The Most Non-Basmati White Rice To Thailand, Italy, Spain, Sri Lanka And America.

Not Only In 5 Or 10 Countries, India Exports Rice To More Than 100 Countries In The World. India Has Been The Largest Exporter Of Rice Since 2012.

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