# Strong nine-month show may take India's farm exports past $50 bn in FY22 | Economy & Policy News - Business Standard

> Business Standard reports that India's farm exports are on course for a record $50 billion in FY22, up 20% in the first nine months. Growth is led by cereals such as non-basmati rice and wheat, marine products, spices and sugar. Basmati exports may be held back by payment problems with Iran.

- Date: 2022-02-23 · published 2022-02-23T12:00:00.000Z
- Category: trade · region India · magnitude low
- Page: https://feedsoft.ai/events/42691-strong-nine-month-show-may-take-india-s-farm-exports-past-50-bn-in-fy22-economy
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Strong Indian exports of non-basmati rice and wheat add to global supply and competition in importing markets. Payment disruptions with Iran could weigh on basmati pricing.

## Read by commodity

- RICE: neutral

## 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 | 2018-04-28 | [India signs deals with 8 countries for farm exports, looks for more markets \| India News](https://feedsoft.ai/events/65466-india-signs-deals-with-8-countries-for-farm-exports-looks-for-more-markets.md) | -1.0% | -9.7% |
| RICE | 2021-04-07 | [Cereals lift farm exports to $17.5 billion in April-Feb  - The HinduBusinessLine](https://feedsoft.ai/events/47563-cereals-lift-farm-exports-to-17-5-billion-in-april-feb-the-hindubusinessline.md) | 0.0% | +5.4% |
| RICE | 2017-11-29 | [Rice Exports Still Lag — Louisiana Farm Bureau News](https://feedsoft.ai/events/68057-rice-exports-still-lag-louisiana-farm-bureau-news.md) | +0.2% | -4.2% |
| RICE | 2019-01-14 | [The dynamics of India’s rice export boom - The HinduBusinessLine](https://feedsoft.ai/events/61065-the-dynamics-of-india-s-rice-export-boom-the-hindubusinessline.md) | +0.9% | -2.5% |

## Sources

- business-standard.com: https://www.business-standard.com/article/economy-policy/strong-nine-month-show-may-take-india-s-farm-exports-past-50-bn-in-fy22-122022301343_1.html

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