# Amid hopes for record production, India’s rice exports jump by nearly 86% in October

> India's rice exports rose 85.8% year-on-year to $1.05 billion in October 2024, following the removal of export bans, duties and the minimum export price. Overall rice exports for April-October were up 5.27%.

- Date: 2024-11-18 · published 2024-11-18T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/27372-amid-hopes-for-record-production-india-s-rice-exports-jump-by-nearly-86-in
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

A sharp rebound in Indian shipments confirms that more supply is reaching world markets, which weighs on rice export prices.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2022-06-02 | [Exclusive \| India pushes for rice exports as bumper harvest swells supply](https://feedsoft.ai/events/40905-exclusive-india-pushes-for-rice-exports-as-bumper-harvest-swells-supply.md) | -1.3% | -4.1% |
| RICE | 2024-12-31 | [Rice export sets new record in 2024, but 2025 forecast to be tough](https://feedsoft.ai/events/10456-rice-export-sets-new-record-in-2024-but-2025-forecast-to-be-tough.md) | +1.7% | +3.8% |
| RICE | 2023-09-21 | [Asia rice: India’s export curbs stall trade; prices in other hubs decline - Markets - Business Recorder](https://feedsoft.ai/events/34185-asia-rice-india-s-export-curbs-stall-trade-prices-in-other-hubs-decline-markets.md) | +1.3% | -0.6% |
| RICE | 2019-12-20 | [Rice Exports from India Fall, Prices Recover after Hitting 5 Year Low - Grainmart News](https://feedsoft.ai/events/55558-rice-exports-from-india-fall-prices-recover-after-hitting-5-year-low-grainmart.md) | +1.8% | +4.8% |
| RICE | 2021-05-16 | [Explained: How rice and wheat exports hit a record high \| Explained News - The Indian Express](https://feedsoft.ai/events/47049-explained-how-rice-and-wheat-exports-hit-a-record-high-explained-news-the.md) | -1.1% | -6.2% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/amid-hopes-for-record-production-indias-rice-exports-jump-by-nearly-86-in-october/

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