# Sharp fall in agri exports prompts govt to push perishables | India News

> India's agricultural exports fell nearly 9% in the first 11 months of 2023-24 to $43.7 billion, due to bans on staples and the Red Sea crisis. Officials plan to boost perishables and fruit exports and are unlikely to lift bans on key staples.

- Date: 2024-05-04 · published 2024-05-04T12:00:00.000Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/30205-sharp-fall-in-agri-exports-prompts-govt-to-push-perishables-india-news
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Continued staple export bans reinforce tight Indian supply of rice, wheat and sugar, supporting world grain prices while the country shifts toward perishables.

## Read by commodity

- RICE: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| RICE | 2018-02-01 | [Govt to take steps to promote agri commodity exports: Jaitley \| Govt to take steps to promote agri commodity exports: Jaitley](https://feedsoft.ai/events/66442-govt-to-take-steps-to-promote-agri-commodity-exports-jaitley-govt-to-take-steps.md) | +0.5% | -0.2% |
| RICE | 2023-12-21 | [India's agri exports may stay flat in FY24 due to ban on wheat, rice, sugar \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/32644-india-s-agri-exports-may-stay-flat-in-fy24-due-to-ban-on-wheat-rice-sugar.md) | -1.2% | +1.2% |
| RICE | 2023-07-20 | [India bans rice shipments to curb price rises - BBC News](https://feedsoft.ai/events/35007-india-bans-rice-shipments-to-curb-price-rises-bbc-news.md) | +1.3% | -0.6% |
| RICE | 2023-07-25 | [India’s new ban on rice exports: Potential threats to global supply, prices, and food security \| IFPRI](https://feedsoft.ai/events/34967-india-s-new-ban-on-rice-exports-potential-threats-to-global-supply-prices-and.md) | -4.5% | -4.2% |
| WHEAT | 2022-07-07 | [India curbs export of wheat products from July 12 \| India News](https://feedsoft.ai/events/40461-india-curbs-export-of-wheat-products-from-july-12-india-news.md) | -5.1% | -4.3% |
| WHEAT | 2023-12-21 | [India's agri exports may stay flat in FY24 due to ban on wheat, rice, sugar \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/32644-india-s-agri-exports-may-stay-flat-in-fy24-due-to-ban-on-wheat-rice-sugar.md) | +0.7% | +1.5% |
| WHEAT | 2023-02-12 | [India likely to continue curbs on wheat, rice exports \| India News](https://feedsoft.ai/events/37311-india-likely-to-continue-curbs-on-wheat-rice-exports-india-news.md) | -3.2% | -9.2% |

## Sources

- hindustantimes.com: https://www.hindustantimes.com/india-news/sharp-fall-in-agri-exports-prompts-govt-to-push-perishables-101714820388529.html

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