Agri Business

Basmati rice exports rise to $ 4.71 bn in 2018-19

PTI New Delhi | Updated on July 03, 2019

The country’s basmati rice exports increased to $ 4.71 billion in 2018-19 as compared with $ 3.20 billion in 2016-17, Parliament was informed on Wednesday.

Commerce Minister Piyush Goyal in a written reply to the Lok Sabha said promotion of agricultural products such as basmati rice is a continuous process. In volume terms, the exports increased to 44,14,605 tonne in 2018-19 from 39,85,210 tonne. Similarly, exports of non-basmati rice also rose to $ 3 billion in the last financial year from $ 2.52 billion in 2016-17.

Replying to a separate question, the Minister said the top-10 destinations for the country’s agricultural exports include the US, Vietnam, Iran, China, the UAE, Bangladesh and Saudi Arabia. The main countries from where India mainly imports include Indonesia, Ukraine, Argentina, the US, Malaysia and Brazil.

Published on July 03, 2019

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