India’s new ban on rice exports: Potential threats to global supply, prices, and food security
- From
-
Published on
25.07.23
- Impact Area

On July 20, India announced that it would restrict exports of non-basmati rice to calm domestic rice prices that had risen more than 30% since October 2022 (Figure 1). The ban would halt overseas sales of the grain with “immediate effect,” the government announced, and is estimated to cover about 75%-80% of Indian rice exports.
The ban is the latest blow to the global rice market, whose prices have risen 15%-20% since September 2022—this coming after a period of relative stability in the earlier part of that year, even as prices of other cereals were soaring due to the Russia-Ukraine war. Over the past 15 years, India has become the world’s largest rice exporter, accounting for 40% of global rice exports in 2022/23, so any move it makes can have significant market reverberations.
Related news
-
IRRI and BADC organize crop cafeteria field day to evaluate suitability of rice varieties
International Rice Research Institute (IRRI)27.05.25-
Food security
NOAKHALI, Bangladesh (10 May 2025) — To accelerate the adoption of high-performing rice varieties,…
Read more -
-
Drones for precision agriculture: A practical manual
International Rice Research Institute (IRRI)27.05.25-
Food security
Agricultural systems are changing quickly, and modern tools are essential to maximize productivity. …
Read more -
-
Bangladesh Seed Systems Product Diary
International Rice Research Institute (IRRI)23.05.25-
Food security
Rice is a staple food in South Asia and a key source of livelihood for…
Read more -