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Rice export price
Hismanshu Agarwal, executive director of Satyam Balajee, India's largest rice exporter, said India's rice exports would be reduced by at least 25 percent
in the coming months as a result of the tariffs.
China is the largest buyer of crushed rice in India, importing 1.
1 million tonnes of crushed rice
from India in 2021.
India's total rice exports reached a record 21.
5 million tonnes in 2021, surpassing the total rice exports of the world's four largest exporters (Thailand, Vietnam, Pakistan and the United States) combined
.
India exports rice to more than 150 countries, and any reduction in its exports would exacerbate food inflation
.
Rice is a staple food for more than 3 billion people, and when India banned exports in 2007, global prices soared to new highs
.
in the coming months as a result of the tariffs.
China is the largest buyer of crushed rice in India, importing 1.
1 million tonnes of crushed rice
from India in 2021.
India's total rice exports reached a record 21.
5 million tonnes in 2021, surpassing the total rice exports of the world's four largest exporters (Thailand, Vietnam, Pakistan and the United States) combined
.
India exports rice to more than 150 countries, and any reduction in its exports would exacerbate food inflation
.
Rice is a staple food for more than 3 billion people, and when India banned exports in 2007, global prices soared to new highs
.
