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Basmati exporters fear slowdown in shipment, delayed payments

Financial Express Hyderabad

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June 14, 2025

RICE EXPORTERS TO Iran, one of the biggest destinations for Basmati rice, fear a slowdown in shipments and payment delays following the escalation of Israel-Iran conflict.

- SANDIP DAS New Delhi, June 13

Iran has been among the largest importers of the aromatic long-grain rice for several years, along with Saudi Arabia, Iraq and United Arab Emirates.

"Its a complex process to get payments for basmati rice exports to Iran," a leading exporter of rice from Haryana said. Sources said importers in Iran are currently settling payments using traders' accounts based in Dubai and other channels.

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