Looking back on developments in the rice market: Big questions after India's ban on rice exports

So why does India have to ban rice exports and what are the opportunities and challenges for Vietnam in taking advantage of opportunities to boost rice exports in the coming time? Dan Viet would like to re-post the analysis of industry experts on these assessments. Overview In the last week of July 2023, the world rice market had many fluctuations when India announced a ban on exporting all kinds of ordinary rice according to Notice No. 20/2023 of the General Department of Foreign Trade. This Decision takes effect immediately from July 20, 2023. A week later, India issued a ban on the export of defatted rice bran as domestic feed prices rose. India accounts for more than 40% of world rice exports, with 22.2 million tonnes by 2022, more than the combined exports of the world's next four major grain exporters - Thailand, Vietnam, Pakistan and the United States. Ky. India exports rice to more than 140 countries. India's non-basmati rice importers include: Benin, Bangladesh, Angola, ...