# India’s rice exports dip 27% in FY24 to 16.35 mt on shipment curbs    - The HinduBusinessLine

> India's rice exports fell 27% in volume to 16.35 million tonnes in FY24 due to curbs on non-basmati shipments. Basmati exports hit a record 5.24 million tonnes, led by demand from West Asian buyers.

- Date: 2024-05-15 · published 2024-05-15T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/30202-india-s-rice-exports-dip-27-in-fy24-to-16-35-mt-on-shipment-curbs-the
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Lower non-basmati exports tighten global rice supply, though record basmati demand partly offsets the decline in the overall market.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2018-02-20 | [Rice exports surge on strong demand, dip in Thai stocks - The HinduBusinessLine](https://feedsoft.ai/events/66441-rice-exports-surge-on-strong-demand-dip-in-thai-stocks-the-hindubusinessline.md) | -1.0% | +2.2% |
| RICE | 2024-01-16 | [Rice may surge further globally on Indian export curbs, supply shortage - The HinduBusinessLine](https://feedsoft.ai/events/32111-rice-may-surge-further-globally-on-indian-export-curbs-supply-shortage-the.md) | +1.9% | +8.1% |
| RICE | 2021-02-25 | [As more buyers queue up for Indian rice, 2020-21 exports set to top 16 million tonnes  - The HinduBusinessLine](https://feedsoft.ai/events/48583-as-more-buyers-queue-up-for-indian-rice-2020-21-exports-set-to-top-16-million.md) | +2.3% | +4.1% |
| RICE | 2022-04-11 | [Indian broken rice exports likely to face supply problems - The HinduBusinessLine](https://feedsoft.ai/events/41915-indian-broken-rice-exports-likely-to-face-supply-problems-the-hindubusinessline.md) | +4.9% | +4.5% |
| RICE | 2021-11-09 | [Basmati exports to gain momentum as Iran lifts seasonal ban on rice imports - The HinduBusinessLine](https://feedsoft.ai/events/44025-basmati-exports-to-gain-momentum-as-iran-lifts-seasonal-ban-on-rice-imports-the.md) | +6.1% | +4.3% |

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/economy/agri-business/indias-rice-exports-dip-27-in-fy24-to-1635-mt-on-shipment-curbs/article68179210.ece

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