# India’s rice and wheat exports grow exponentially in H1 2021 - IndBiz | Economic Diplomacy Division | IndBiz | Economic Diplomacy Division

> India exported 19.86 million tonnes of wheat to South and West Asia in April-August 2021, an eight-year high. Rice exports to China also rose, with Indian rice making up 23% of China's imports in January-August.

- Date: 2021-10-24 · published 2021-10-24T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/44509-india-s-rice-and-wheat-exports-grow-exponentially-in-h1-2021-indbiz-economic
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Strong Indian wheat and rice demand from Asian buyers tightens available supply and supports export prices for both grains.

## Read by commodity

- RICE: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-05-19 | [India exports record 20 MT of rice, wheat in FY21 - Economy News \| The Financial Express](https://feedsoft.ai/events/47045-india-exports-record-20-mt-of-rice-wheat-in-fy21-economy-news-the-financial.md) | -2.8% | +2.2% |
| WHEAT | 2021-10-14 | [India could grab a big chunk in global exports of wheat and rice - India Xports 2.0](https://feedsoft.ai/events/44514-india-could-grab-a-big-chunk-in-global-exports-of-wheat-and-rice-india-xports-2.md) | +1.3% | +9.2% |
| WHEAT | 2021-10-06 | [India's wheat exports could quadruple to 8-year high as global prices rally \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/44510-india-s-wheat-exports-could-quadruple-to-8-year-high-as-global-prices-rally.md) | +1.7% | +13.6% |
| WHEAT | 2021-04-26 | [India 2021-22 wheat procurement spikes, may limit exports](https://feedsoft.ai/events/47562-india-2021-22-wheat-procurement-spikes-may-limit-exports.md) | +3.3% | -0.2% |
| WHEAT | 2020-10-30 | [Wheat prices gain in India on higher export and festival demand, but still rule below MSP](https://feedsoft.ai/events/50606-wheat-prices-gain-in-india-on-higher-export-and-festival-demand-but-still-rule.md) | -1.8% | -7.1% |
| RICE | 2021-05-19 | [India exports record 20 MT of rice, wheat in FY21 - Economy News \| The Financial Express](https://feedsoft.ai/events/47045-india-exports-record-20-mt-of-rice-wheat-in-fy21-economy-news-the-financial.md) | -1.1% | -7.4% |
| RICE | 2021-10-14 | [India could grab a big chunk in global exports of wheat and rice - India Xports 2.0](https://feedsoft.ai/events/44514-india-could-grab-a-big-chunk-in-global-exports-of-wheat-and-rice-india-xports-2.md) | -1.4% | -1.2% |
| RICE | 2023-08-16 | [How India’s ban on some rice exports is ricocheting around the world \| Business and Economy News \| Al Jazeera](https://feedsoft.ai/events/34651-how-india-s-ban-on-some-rice-exports-is-ricocheting-around-the-world-business.md) | -0.6% | +3.4% |

## Sources

- indbiz.gov.in: https://indbiz.gov.in/indias-rice-and-wheat-exports-grow-exponentially-in-h1-2021/

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