# India imposes major rice export ban, triggering inflation fears | Reuters

> India banned exports of non-basmati white rice with immediate effect, effective July 20, 2023. The government cited retail rice prices up 3% in a month and 11.5% over a year after late, heavy monsoon rains damaged crops. Non-basmati white rice makes up about a quarter of India's rice exports.

- Date: 2023-07-20 · published 2023-07-20T12:00:00.000Z
- Category: policy · region India · magnitude high
- Page: https://feedsoft.ai/events/35004-india-imposes-major-rice-export-ban-triggering-inflation-fears-reuters
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

India supplies more than 40% of world rice exports, so removing this volume tightens global supply and is likely to lift international rice prices. Low inventories amplify the effect.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2026-08-25 | [INDIA IMPOSES MAJOR RICE EXPORT BAN, TRIGGERING INFLATION FEARS](https://feedsoft.ai/events/17882-india-imposes-major-rice-export-ban-triggering-inflation-fears.md) | +4.8% | +10.1% |
| RICE | 2023-07-13 | [India Considers Banning Most Rice Exports on Inflation Fears - Bloomberg](https://feedsoft.ai/events/5094-india-considers-banning-most-rice-exports-on-inflation-fears-bloomberg.md) | -18.5% | -16.3% |
| 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 | 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 | 2022-09-09 | [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% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/india-prohibits-export-non-basmati-white-rice-notice-2023-07-20/

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