Rice in those countries is also subject to export subsidies, credit guarantees and food aid. The record exports would enable the rice producers to reduce their stocks and would also benefit the farmers as the increased demand for Indian Rice is likely to improve their realisation. In several high-income countries, the rice sector has been isolated from external competition through high border protection, in the form of outright import prohibitions, state trading monopolies, minimum import quotas, high tariffs or variable duties. India is the world’s second-largest rice producer after China. The top three markets, accounting for 40 percent of exports, were Japan at 261 million, Mexico at 245 million, and Haiti at 245 million. It is possible to select the main countries that export or import Rice in the world, or by continent, as well as select the measure of interest. Trade in Rice represent 0.13 of total world trade. In 2020-21, India shipped non-basmati rice to nine countries - Timor-Leste, Puerto Rico, Brazil, Papua New Guinea, Zimbabwe, Burundi, Eswatini, Myanmar and Nicaragua, where exports were carried out for the first time or earlier the shipment was smaller in volume.Īs per Second Advance Estimates for 2021-22, the rice production in the 2021-22 crop year (July-June) is estimated at a record 127 MT, which is higher by 11 MT than the last five years’ average production of 116 MT. Between 20 the exports of Rice grew by 4.93, from 27B to 28.4B. Angamuthu, chairman of Agricultural and Processed Food Products Export Development Authority (APEDA), said that the thrust on expanding port handling infrastructure, developing of value chain involving key stakeholders along with efforts to explore new opportunities in countries or markets for rice exports in the last couple of years have led to a huge spike in rice exports India exports non-basmati rice to Nepal, Bangladesh, China, Cote D’ Ivoire, Togo, Senegal, Guinea, Vietnam, Djibouti, Madagascar, Cameroon Somalia, Malaysia, Liberia, United Arab Emirates etc. In the case of non-basmati rice shipment, the West African country Benin is one of the major importers of non-basmati rice from India. India exports aromatic and long grain Basmati rice to Saudi Arabia, Iran and other middle east countries besides to the United States and European Union. “It indicates the diversification of India’s rice export over the years,” a commerce ministry official said. “We have more than adequate rice stocks to meet supplies for the Public Distribution System,” an official said.Īccording to the United States Department of Agriculture (USDA) rice outlook report for April, the global trade in the 2022 calendar year is projected at a record 52.5 MT out of which India’s rice exports are projected to be around 21 MT while Vietnam will ship around 6 MT of rice.Īs per DGCIS data, India exported rice to over 150 countries in 2021-22. However, this stock excludes 22 MT of rice yet to be received from the millers by FCI. The Food Corporation of India (FCI) as of April 1, 2022, had rice stock of more than 32 MT against the buffer norm of 13.58 MT. More than 80% of India’s rice production is grown in the Kharif season. Official sources told FE that rice exports would continue to surge this fiscal year because of factors such as surplus domestic stocks and expectation of robust forthcoming Kharif crops. Retail price for granulated sugar in the U.S.Rising crude raises Current Account Deficit, inflation concerns Price of refined sugar beet in the Midwest 2000-2019 Sugar import volume Saudi Arabia 2016-2021 Sugar plantation acreage in China 2021, by region Sugarcane production in China 2021, by region Sugar plantation acreage in China 2011-2021 by type Sugar production forecast worldwide 2023-2032 Though China has a larger population than India, India consumed about 12.5 million metric tons more sugar than China in that year.īrazil: sugar export value share 2021, by destination The top three countries by sugar consumption in 2022/2023 were India, the European Union, and China, in that order. This figure has fluctuated over the last several years.īetween 20, global sugar consumption has increased by over million metric tons, from 156 million metric tons to around 176 million metric tons. Once the sugarcane is refined into pure sugar, Brazil produced nearly 35 million metric tons of processed sugar in 2022/2023. In 2021, Brazil produced some 715.7 million metric tons of sugarcane, almost twice as much as India, the second largest producer. The second largest sugar exporter, Thailand, had significantly less export volume compared to Brazil, at about 11 million metric tons of sugar that year.Īs well as being the top exporter of sugar, Brazil is also the top producer of sugarcane in the world by a large margin. Brazil has the highest export volume of sugar of any country, at about 28.2 million metric tons as of 2022/2023.
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