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Parboiled, raw rice exports slump for 4th month in a row
Business Standard
|June 21, 2025
India's exports of parboiled rice and raw rice, the two major components in non-basmati rice exports, have dropped for the fourth month running in May 2025 due to tepid demand from African nations who have cut down on purchases due to surplus stocks.
The dip in export has come despite India lifting almost all the restrictions on overseas shipments from September 2024. The decline in non-basmati rice exports came amidst concerns over Israel-Iran conflict impacting basmati rice exports as well.
According to a Crisil report, Iran and Israel accounted for almost 14 per cent of India's basmati rice exports in the financial year 2025 (FY25). In total, India exported around 20.1 million tonnes of rice in FY25 (both basmati and non-basmati including) to the world markets, making it once again the world's largest supplier of rice.
Dit verhaal komt uit de June 21, 2025-editie van Business Standard.
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