# India supplies only 3.7% of export restricted food commodities to countries committed two years ago | Mint

> India has supplied only about 73,000 tonnes, or 3.7%, of farm commodities pledged to strategic partners under bilateral deals. Higher export prices from 20% export duties and a lengthened supply chain are cited as reasons.

- Date: 2024-05-31 · published 2024-05-31T12:00:00.000Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/30204-india-supplies-only-3-7-of-export-restricted-food-commodities-to-countries
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

India's restrictive export policy and pricing keep its grains uncompetitive, limiting its role as a supplier and leaving world rice and wheat markets more reliant on other origins.

## Read by commodity

- RICE: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2023-09-28 | [Export ban on rice is regulation rather than restriction for food security: India to WTO's agriculture committee meet - The Hindu](https://feedsoft.ai/events/34051-export-ban-on-rice-is-regulation-rather-than-restriction-for-food-security.md) | -3.3% | -0.3% |
| RICE | 2024-02-08 | [India’s export restrictions on rice continue to disrupt global markets, supplies, and prices \| Asia and the Pacific Food Security Portal](https://feedsoft.ai/events/31608-india-s-export-restrictions-on-rice-continue-to-disrupt-global-markets-supplies.md) | +0.7% | -5.7% |
| RICE | 2024-07-29 | [After a year, India’s rice export restrictions continue to fuel high prices \| IFPRI](https://feedsoft.ai/events/29222-after-a-year-india-s-rice-export-restrictions-continue-to-fuel-high-prices-ifpri.md) | -1.9% | -1.5% |
| RICE | 2022-09-09 | [India restricts rice exports, could fuel food inflation](https://feedsoft.ai/events/39557-india-restricts-rice-exports-could-fuel-food-inflation.md) | +5.0% | -0.5% |
| RICE | 2022-08-27 | [Govt may curb export of rice to  maintain ‘food security’ \| India News](https://feedsoft.ai/events/39984-govt-may-curb-export-of-rice-to-maintain-food-security-india-news.md) | +0.4% | +0.2% |
| WHEAT | 2023-08-03 | [Rice prices hit 11-year high as Indian export ban fuels supply fears - Nikkei Asia](https://feedsoft.ai/events/12034-rice-prices-hit-11-year-high-as-indian-export-ban-fuels-supply-fears-nikkei-asia.md) | +0.5% | -6.9% |
| WHEAT | 2024-05-01 | [India unlikely to lift ban on export of food items \| India News](https://feedsoft.ai/events/30200-india-unlikely-to-lift-ban-on-export-of-food-items-india-news.md) | +2.2% | +15.0% |
| WHEAT | 2024-04-12 | [Export bans, restrictions: How government is trying to keep food prices in check ahead of elections](https://feedsoft.ai/events/30688-export-bans-restrictions-how-government-is-trying-to-keep-food-prices-in-check.md) | -0.7% | -0.2% |

## Sources

- livemint.com: https://www.livemint.com/economy/india-supplies-only-3-7-of-export-restricted-food-commodities-to-countries-committed-two-years-ago-11717139221662.html

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