# Reducing export restrictions on rice to encourage agri-shipments to surpass $50 billion in FY25 - Agro Spectrum India

> An Indian official expects agricultural exports to exceed $50 billion in fiscal 2024-25 after non-basmati rice export curbs were relaxed. Rice exports are forecast at 17-18 million tonnes this fiscal year, up from 14-15 million tonnes. Earlier curbs on rice, wheat and sugar cost exports an estimated $6-7 billion.

- Date: 2025-01-03 · published 2025-01-03T12:00:00.000Z
- Category: trade · region India · magnitude low
- Page: https://feedsoft.ai/events/26471-reducing-export-restrictions-on-rice-to-encourage-agri-shipments-to-surpass-50
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Higher Indian rice shipments increase global supply and put downward pressure on rice prices. The forecast also reflects the strength of Indian export demand.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2019-11-04 | [DGFT notifies EIC/EIA as inspection agency for export of rice to EU](https://feedsoft.ai/events/56039-dgft-notifies-eic-eia-as-inspection-agency-for-export-of-rice-to-eu.md) | +0.6% | +6.4% |
| RICE | 2024-11-12 | [Lifting rice export curbs can help push agri exports over $50 bn in FY25 \| Agriculture - Business Standard](https://feedsoft.ai/events/27368-lifting-rice-export-curbs-can-help-push-agri-exports-over-50-bn-in-fy25.md) | +4.2% | +3.7% |
| RICE | 2018-06-15 | [Rice exports to decline by 10% on restrictions from importing countries \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/64485-rice-exports-to-decline-by-10-on-restrictions-from-importing-countries-economy.md) | +3.2% | -4.0% |
| RICE | 2024-12-30 | [India: Rice exports surge after easing of curbs](https://feedsoft.ai/events/26929-india-rice-exports-surge-after-easing-of-curbs.md) | +0.7% | +3.2% |
| RICE | 2025-01-02 | [India to export 1 million tonne of white rice to Indonesia \| Business News](https://feedsoft.ai/events/26468-india-to-export-1-million-tonne-of-white-rice-to-indonesia-business-news.md) | +0.1% | -0.6% |

## Sources

- agrospectrumindia.com: https://agrospectrumindia.com/2025/01/03/reducing-export-restrictions-on-rice-to-encourage-agri-shipments-to-surpass-50-billion-in-fy25.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.