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The export deadline has been extended twice, from September 15 to September 30
.
The Indian government banned the export of broken rice on 8 September 2022 while imposing a 20% export tariff on other rice as uneven monsoon rains in the main producing areas caused a decline in
sown area.
According to the latest data released by India's Ministry of Agriculture, the area sown to rice to date has decreased by about 5.
6%
year-on-year due to insufficient rainfall in some states.
India is the world's second-largest rice producer after China, accounting for 40% of global trade
.
India exported 21.
2 million tonnes of rice in 2021/22, including 3.
94 million tonnes of Bastati rice
.
6%
year-on-year due to insufficient rainfall in some states.
India is the world's second-largest rice producer after China, accounting for 40% of global trade
.
India exported 21.
2 million tonnes of rice in 2021/22, including 3.
94 million tonnes of Bastati rice
.