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India Rice Exports
India's rice exports in volume terms is likely to rise more than 10 per cent during this fiscal on better demand from overseas markets, APEDA Chairman Abhishek Dev said on Thursday. In the 2024-25 fiscal, India exported 20.1 million tonnes of rice valued at USD 12.95 billion, reaching more than 172 countries. Agricultural and Processed Food Products Export Development Authority (APEDA) is an arm of the commerce ministry which deals with issues related to the country's agri exports. "Rice exports will increase this fiscal. We are expecting double-digit growth in volume terms," Dev told PTI on the sidelines of Bharat International Rice Conference (BIRC) 2025 being held here. He said exports would grow in terms of value as well. The two-day global rice conference started on Thursday at Bharat Mandapam here. The conference is being organised by the Indian Rice Exporters' Federation (IREF). APEDA is providing non-financial support to this event. Dev stressed the need to increase expo
India is pushing rice exports to the world's largest importer of the commodity -- the Philippines -- and to tap the opportunity, a large delegation of leading exporters will visit the Southeast Asian nation next month, an official said. The Philippines is an important market for India in agricultural products exports. In 2024, the Philippines imported agricultural goods worth about USD 20 billion, with key imports including semi-milled rice, wheat and meslin, oilcake, food preparations, and palm oil. India exported agricultural products worth USD 413 million to the Philippines in 2024, accounting for about 2 per cent of the Philippines' total agricultural imports. India's major exports to this market were bovine meat, groundnut, rice, and tobacco. "Philippines' is the largest importer of rice in the world, with imports in 2024, valued at USD 2.52 billion. However, there is significant opportunity to expand India's rice exports in the Philippines as, despite India being the world's
An association of rice exporters on Thursday said the 25 per cent tariff imposed by the US on Indian goods, including rice, will be a "temporary hurdle" and not a major disruption for the sector. The new tariff, effective from August 1, includes duties on Indian rice exports to the US, which stood around 2.34 lakh tonnes in FY'24, a small share of India's total 52.4 lakh tonnes of global basmati rice exports, the association said. "This tariff is a temporary hurdle, not a long-term roadblock. With strategic planning, diversification, and flexibility, Indian rice exporters can protect and even expand their presence in the US market," Indian Rice Exporters Federation (IREF) national president Prem Garg said. US President Donald Trump announced the imposition of a 25 per cent tariff on all goods coming from India starting August 1, plus an unspecified penalty for buying military equipment and crude oil from Russia. He noted that the US is not the top basmati market for Indian exporter
Solvent Extractors' Association (SEA) on Wednesday urged the government to lift the export ban on de-oiled rice bran to allow clearance of surplus stock. De-oiled rice bran is used as feed primarily for cattle and poultry. "The ban has left processors struggling to dispose of de-oiled rice bran, forcing many to shut down operations or cut capacity - impacting both the rice milling industry and rice bran oil production," SEA said in a statement. The government imposed the ban on July 28, 2023, and has extended it multiple times - most recently in February 2025, through September 30, 2025. "We have urged the government to evaluate the wide-ranging economic, agricultural, and environmental benefits of lifting the ban," the Mumbai-based trade body said. SEA argued that exporting surplus de-oiled rice bran would allow efficient clearance of stock, enable sustained processing, improve capacity utilization, maintain vegetable oil production, increase employment and foreign exchange ...