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Krishi VaartaOutlook Agriculture
Non-Basmati Rice Exports Declined by 16.55%
Non-basmati rice exports have declined due to the drop in the African countries' imports along with Bangladesh. Non-basmati rice exports declined by 16.55% in April-February during the first 11 months of FY 2018-19 and total exports stood at 67.11 lakh tonnes.
A senior official of the Agricultural & Processed Food Products Export Development Authority (APEDA) mentioned that last year Bangladesh had low rice stocks, due to which non-basmati rice had record exports from India. However, in the current season, Bangladesh has high stocks, resulting in lower import demand. Non-basmati rice exports in the last financial year 2017-18 were 80.42 lakh tons between April and February, while 67.11 lakh tons were exported in the current financial year. The total export of non-basmati rice in the 2017-18 financial year was Rs. 22,967.82 crore for 86.48 tons of lakh. Source- Outlook Agriculture, April 12, 2019 If you find this information useful, click on the yellow thumbs up sign under the photo and also share this with your farmer friends using the options given below.
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