Increased Broken Rice Exports from India to China
China has surpassed India as the largest importer or buyer of broken rice. China has surpassed African countries as the leading importer of broken rice in India. China became the leading importer of broken rice in India during the pandemic. In the year 2021-2022, 7.7% of India's exports were imported to China, totalling 16.34 lakh metric tonnes, and India's total exports were 212.10 lakh metric tonnes.
According to the trade study, broken rice accounted for 96 per cent of the 16.34 LMT of rice exported to China. China has overtaken India as the world's largest buyer of broken rice. In 2021-2022, overall exports of basmati and non-basmati rice were 212.10 LMT, up 19.30 per cent from 177.79 LMT in 2020-2021. During this period, India's broken rice exports to China climbed from 3.31 LTM to 16.34 LMT. If you are preparing for competitive exams and looking for expert guidance, you can download our General Knowledge Free Ebook Download Now.
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Source: Safalta.com
According to the trade study, broken rice accounted for 96 per cent of the 16.34 LMT of rice exported to China. China has overtaken India as the world's largest buyer of broken rice. In 2021-2022, overall exports of basmati and non-basmati rice were 212.10 LMT, up 19.30 per cent from 177.79 LMT in 2020-2021. During this period, India's broken rice exports to China climbed from 3.31 LTM to 16.34 LMT. If you are preparing for competitive exams and looking for expert guidance, you can download our General Knowledge Free Ebook Download Now.
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Rice exports from India in 2020, 2021, and 2022
In the years 2021-2022, India's total rice exports for Basmati rice were 38.48 LMT, down from 46.30 LMT in the previous two years. Non-basmati rice accounts for the majority of Indian rice exports. Other than Basmati rice, rice exports in 2021-2022 totalled 172.56 LMT, up from 131.48 LMT in 2020-2021, a 31.27 per cent rise. In the years 2021-2022, India sold 38.64 LMT of broken rice to 83 countries, while China imported 15.76 LMT from these 83 nations, a 476.40 per cent increase over 2.73 LMT.
Expert Trade Analysis
The unexpected surge in rice imports from China from India, according to trade analysts, is due to an increase in the manufacturing of noodles and wine. Before the outbreak of Covid-19, China sent a delegation to India and visited numerous rice mills, according to the former president of the All India Rice Exporters Association, in order to promote the import of broken rice from India. Other causes for the increase in rice imports from India, according to experts, could be the rising price of maize.
Facts to remember
China has surpassed India as the largest importer or buyer of broken rice.
In the years 2021-2022, India's total rice exports for Basmati rice were 38.48 LMT, down from 46.30 LMT in the previous two years.
The unexpected surge in rice imports from China from India, according to trade analysts, is due to an increase in the manufacturing of noodles and wine.
In the years 2021-2022, India's total rice exports for Basmati rice were 38.48 LMT, down from 46.30 LMT in the previous two years.
The unexpected surge in rice imports from China from India, according to trade analysts, is due to an increase in the manufacturing of noodles and wine.
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