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India’s Export Ban Disrupts Global Rice Trade

India, the world's largest rice exporter, has banned exports of non-basmati white rice, disrupting global supply and prompting warnings from the IMF that global grain prices could rise by up to 15% this year. The ban follows earlier limits on broken rice exports and a 20% duty on non-basmati rice, taken to secure domestic supplies amid inflation, monsoon and flood-related production setbacks.

Tracked more than 30% Food prices

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Sources 1carried it 1 of 19 news outlets we monitor
Figures9as written, with their sentences

One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.

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Figures in these reports

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  • up to 15% potential increase in global grain prices Maldives Republic IMF chief economist Pierre-Olivier Gourinchas predicts that this move could drive up global grain prices by up to 15% this year.

    Word for word from the report in Maldives Republic. Open the report

  • approximately 40% India's share of global rice exports Maldives Republic India accounts for approximately 40% of global rice exports.

    Word for word from the report in Maldives Republic. Open the report

  • 22 million tonnes rice exported by India Maldives Republic Last year, the country exported 22 million tonnes of rice to 140 countries.

    Word for word from the report in Maldives Republic. Open the report

  • 140 countries countries India exported rice to Maldives Republic Last year, the country exported 22 million tonnes of rice to 140 countries.

    Word for word from the report in Maldives Republic. Open the report

  • around 56 million tonnes estimated global rice trade Maldives Republic The estimated global rice trade stands at around 56 million tonnes.

    Word for word from the report in Maldives Republic. Open the report

  • 41 million tonnes rice in India's public granaries Maldives Republic India currently has 41 million tonnes of rice in public granaries.

    Word for word from the report in Maldives Republic. Open the report

  • over 700 million people covered by India's Public Distribution System Maldives Republic The PDS ensures access to affordable food for over 700 million impoverished individuals in the country.

    Word for word from the report in Maldives Republic. Open the report

  • more than 30% increase in India's domestic rice prices Maldives Republic persistent food inflation over the past year, with domestic rice prices increasing by more than 30% since October, has pressurised the government to impose the export ban

    Word for word from the report in Maldives Republic. Open the report

  • 20% duty on non-basmati rice exports Maldives Republic It banned exports of broken rice and imposed a 20% duty on non-basmati rice exports.

    Word for word from the report in Maldives Republic. Open the report

Other events named

no clear day, as worded
  • India implemented a ban on rice exports of non-basmati white rice. last month India Maldives Republic India, the world's leading rice exporter, implemented a ban on rice exports last month. ... India's ban specifically targeted non-basmati white rice, which is an essential part of the global rice trade.

    Word for word from the report in Maldives Republic. Open the report

Subjects

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Trade & customs

Named in these reports

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International Monetary FundPierre-Olivier Gourinchas IMF chief economist