![]() Registering a growth of 27% in 2021-22, export of non-basmati rice was the top forex earner among all agri-commodities, at USD 6115 million. EKawuRddrV- Piyush Goyal April 17, 2022Īccording to the DGCIS data, India had exported non-basmati rice worth USD 2015 million in 2019-20, which rose to USD 4799 million in 2020-21 and USD 6115 million in 2021-22. ![]() policies help farmers get access to the global market and also ensure food security. India's rice exports takes an astounding growth of 109%. Highlighting the historic achievement in a tweet, Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Shri Piyush Goyal has said that Modi government’s policies helped farmers to get access to the global markets and also ensure food security. India exported more than USD one million to 76 countries out of the 150 countries reported in 2021-22, It indicates the diversification of India's rice export over the years. New entrants to online basmati rice export market can register on online agro commodities B2B marketplace and find suitable buyers from among the tens of thousands of basmati rice buyers registered on its platform.India’s non-basmati rice exports witnessed an astounding growth of 109 % from USD 2925 million in FY 2013-14 to USD 6115 million in FY 2021-22.Īs per DGCIS data, India exported rice to over 150 countries across the globe in 2021-22. So, basmati rice exporters need to tighten their belts for record breaking spell of basmati rice exports from India. Bumper harvest of basmati rice is expected this kharif season due to expected normal monsoon. If any curbs are clamped on exports of basmati rice then prices will nosedive and farmers and rice traders will incur huge losses. Indian godowns are overflowing with basmati rice and there is absolutely no other option but to export that. ![]() Organic basmati rice exports via this B2B marketplace is also on the rise.Īdequate basmati rice available for exports Tens of thousands of basmati rice exporters and importers have registered on this enquiry to delivery B2B platform and are buying and selling basmati rice in bulk. online B2B procurement platform is being used by basmati rice exporters from India to the extent that is regarded as online basmati rice export marketplace by large numbers of exporters and importers of basmati rice. Online basmati rice exporters from India are equally buoyed up. Indian basmati rice exporters are buoyed up by the clarification that there is no ban of basmati rice from India impending. This news may have disheartened basmati rice exporters from Pakistan but every exporter of rice in India is thrilled by this news. But Pakistan’s hopes were shattered when news of no plan of Indian government to restrict or ban rice exports (basmati and non-basmati) from India came out through credible sources. When Indian government clamped a ban on wheat exports and restricted exports of sugar, Pakistan saw a ray of hope for its basmati rice export business expecting a blanket ban on basmati rice exports from India or at least some restrictions. 76% of total rice exports happen from Indian shores. Pakistan is the only competitor of India in global basmati rice market although quantum of exports from Pakistan is no match to quantum of exports from India. Pakistani hopes of curb by Indian government on basmati rice exports shattered UAE re-exports Indian basmati rice to Somalia, Kenya, Oman, Yemen and many more countries. This is nothing but indirect export of Indian basmati rice to Iran. Dubai is known to be a stopover for Indian basmati exported to Iran. Re-export market of basmati rice is dominated by UAE. India produces 70% of total basmati rice produced in the world and its share in export market is 76%. Basmati rice export market is dominated by only two countries India and Pakistan.
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