India's Rice exports drop 9.4% in Apr-Feb FY19
Commodity Online | April 11 2019
UPDATED 10:14:29 IST

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India's rice exports during the period from April to February of 2018-19 financial year dropped 9.4 percent from a year earlier to 10.57 million tonnes, as leading buyer Bangladesh trimmed its purchases due to a bumper local harvest, a government body said in a statement.

Basmati rice exports for April-February totalled 3.855 million tonnes, up 6.2% as compared to 3.62 million tonnes in the corresponding period last year.

In value terms, Basmati exports rose 1.12% to $4107 million from $3696 million in the same period last year.

India's non-basmati rice exports, however, declined during April-February FY2018-19 to 6.7 million tonnes ($2671 million), down 16.55% from 8.04 million tonnes ($3311 million) in the corresponding period last year.

 

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