# The double-whammy from India’s falling farm exports | Explained News - The Indian Express

> India's agricultural exports fell 11.6% year on year in April to September 2023, to $23.6 billion, after bans and restrictions on wheat, rice and sugar. Imports also dropped, and the farm trade surplus narrowed slightly.

- Date: 2023-11-06 · published 2023-11-06T12:00:00.000Z
- Category: trade · region India · magnitude low
- Page: https://feedsoft.ai/events/33140-the-double-whammy-from-india-s-falling-farm-exports-explained-news-the-indian
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Lower Indian export volumes reflect the restrictions that keep grain off world markets, which is supportive for global prices, but the article reports trade data rather than a new price shock.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2023-05-07 | [Why India’s farm exports may face headwinds \| Explained News - The Indian Express](https://feedsoft.ai/events/35893-why-india-s-farm-exports-may-face-headwinds-explained-news-the-indian-express.md) | +1.1% | -0.7% |
| RICE | 2025-08-11 | [How India’s farm exports are faring better than overall goods exports \| Explained News - The Indian Express](https://feedsoft.ai/events/23288-how-india-s-farm-exports-are-faring-better-than-overall-goods-exports-explained.md) | -0.2% | -10.8% |
| RICE | 2025-11-17 | [Indian farm exports outperform – despite Trump tariffs \| Explained News - The Indian Express](https://feedsoft.ai/events/10502-indian-farm-exports-outperform-despite-trump-tariffs-explained-news-the-indian.md) | +3.0% | -3.8% |
| 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% |
| RICE | 2019-12-13 | [Explained: Why Basmati export has come to a standstill in Punjab \| Explained News - The Indian Express](https://feedsoft.ai/events/55555-explained-why-basmati-export-has-come-to-a-standstill-in-punjab-explained-news.md) | +2.9% | +4.3% |
| WHEAT | 2025-08-11 | [How India’s farm exports are faring better than overall goods exports \| Explained News - The Indian Express](https://feedsoft.ai/events/23288-how-india-s-farm-exports-are-faring-better-than-overall-goods-exports-explained.md) | -1.0% | +0.2% |
| WHEAT | 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) | -1.3% | -4.1% |
| WHEAT | 2021-02-04 | [Farm exports defy overall trend in 2020, see 9.8 per cent growth \| India News - The Indian Express](https://feedsoft.ai/events/48585-farm-exports-defy-overall-trend-in-2020-see-9-8-per-cent-growth-india-news-the.md) | -0.2% | +11.9% |

## Sources

- indianexpress.com: https://indianexpress.com/article/explained/explained-economics/the-double-whammy-from-falling-farm-exports-9015094/

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