unlikely for paddy land to significantly increase in the coming years. rice forecasts by affecting global demand as well as potential export restrictions by competitor producer and exporter nations. According to the most recent official data, with a production volume of over 212 million metric tons in 2021, China was the world’s leading paddy rice producer, followed by India and Bangladesh. making the country the worlds largest rice exporter in the last 3 decades. The COVID-19 outbreak will likely interject uncertainty into U.S. While Thai prices are rising amid tighter supplies, Chinese export prices remain particularly low, and India and Vietnam remain formidable competitors. prices remain high relative to Asian prices, making it challenging to compete in price-sensitive markets such as Africa and Southeast Asia. However, competition from South American suppliers is expected to remain fierce for Western Hemisphere markets and Iraq. The outlook is favorable for maintaining a strong market presence in countries with Free Trade Agreements such as Colombia, Central America, and the Dominican Republic. rice is expected to remain strong among core markets such as Mexico and Haiti. India is the world’s leading rice exporter, accounting for more than 40 of the global rice trade. More rice planted area is expected in the United States in 2020/21, resulting in larger expected exportable supplies. Prior to the COVID-19 outbreak, 2020 exports of rice were forecast 4 percent higher and are expected to account for around half of domestic production. India’s rice exports, according to a Reuters report, rose 3.5 in 2022 from a year ago to. The numbers have risen despite curbs on broken rice and a 20 export tax on non-basmati varieties last year. Ans: (b) India has been the world’s top rice exporter since the beginning of this decade primarily owing to the lift of ban on export of non-basmati varieties of rice by GoI in 2011. Medium-grain exports to Japan, South Korea, Taiwan, Saudi Arabia, and Jordan expanded both in terms of volume as well as value, with reduced competition from Australia amid its severe drought. India is the largest exporter of rice and its numbers have been on an upward trajectory. Among the following, which one is the largest exporter of rice in the world in the last five years (2019) (a) China (b) India (c) Myanmar (d) Vietnam. Free trade agreement regions remained significant markets, particularly in the Western Hemisphere. Mexico accounted for 23 percent by volume, primarily a paddy (rough) rice market. The top three markets, accounting for 41 percent of exports, were Japan, Mexico, and Haiti at $275 million, $275 million, and $207 million, respectively. rice exports to the world reached $1.9 billion, up 11 percent from the prior year. Thailand was the second largest rice exporter, with about 8.2 million metric tons of. Census Bureau Trade Data - BICO HS-10 Highlights India had the highest export volume of rice worldwide, at 21.5 million metric tons as of 2022/2023.
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