# India has no plans to import wheat for now - trade minister

> India's trade minister Piyush Goyal said the country will keep its export curbs on wheat, rice and sugar for now. He also said India has no plans to import wheat. India banned wheat exports in 2022 after heat-damaged output, and the curbs were extended as global prices rose.

- Date: 2024-01-13 · published 2024-01-13T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/32104-india-has-no-plans-to-import-wheat-for-now-trade-minister
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Continued Indian export restrictions keep a large share of global rice and wheat supply off the market, which supports world rice prices. The no-import stance means no offsetting supply is expected from India.

## Read by commodity

- RICE: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2023-07-20 | [Why Indian rice export ban is so important to global trade \| Reuters](https://feedsoft.ai/events/35005-why-indian-rice-export-ban-is-so-important-to-global-trade-reuters.md) | +1.3% | -0.6% |
| RICE | 2022-06-06 | [Exclusive: Panicked traders step up forward Indian rice purchases after wheat export ban \| Reuters](https://feedsoft.ai/events/40903-exclusive-panicked-traders-step-up-forward-indian-rice-purchases-after-wheat.md) | -3.2% | -5.7% |
| RICE | 2025-09-30 | [India Imposes Export Registration Requirement for Rice](https://feedsoft.ai/events/22818-india-imposes-export-registration-requirement-for-rice.md) | -2.9% | -9.5% |
| RICE | 2025-12-01 | [Rice exporters brace for trade shifts as India tightens food security rules \| IREF News \| IREF](https://feedsoft.ai/events/12734-rice-exporters-brace-for-trade-shifts-as-india-tightens-food-security-rules.md) | -0.9% | -5.6% |
| RICE | 2022-09-12 | [India restricts rice export - What led to the decision and how it impacts India and the world's food security \| Times Now](https://feedsoft.ai/events/39562-india-restricts-rice-export-what-led-to-the-decision-and-how-it-impacts-india.md) | +2.9% | -2.9% |
| WHEAT | 2022-05-25 | [EXCLUSIVE India has no immediate plan to lift wheat export ban, commerce minister says](https://feedsoft.ai/events/41365-exclusive-india-has-no-immediate-plan-to-lift-wheat-export-ban-commerce.md) | -1.3% | -3.0% |
| WHEAT | 2022-05-16 | [Explainer: What India's u-turn on wheat exports means for world markets](https://feedsoft.ai/events/41430-explainer-what-india-s-u-turn-on-wheat-exports-means-for-world-markets.md) | +4.0% | -0.3% |
| WHEAT | 2026-01-16 | [India: Export quota for wheat flour and related products - Global Trade Alert](https://feedsoft.ai/events/21017-india-export-quota-for-wheat-flour-and-related-products-global-trade-alert.md) | -0.5% | +4.1% |

## Sources

- reuters.com: https://www.reuters.com/world/india/india-has-no-plans-import-wheat-now-trade-minister-2024-01-13/

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