# India's wheat exports could quadruple to 8-year high as global prices rally | Economy & Policy News - Business Standard

> Industry officials told Reuters India's 2021 wheat exports could reach 4.2 to 4.4 million tonnes, the highest since 2013. The rise is driven by higher global prices and freight costs that make Indian wheat competitive for Asian buyers.

- Date: 2021-10-06 · published 2021-10-06T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/44510-india-s-wheat-exports-could-quadruple-to-8-year-high-as-global-prices-rally
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Growing Indian export demand adds to global wheat demand at a time of tight supplies from Russia and Canada, supporting wheat prices.

## Read by commodity

- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-06-10 | [India's agriculture exports jump 17.34% to $41.25 billion in FY21 \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/46519-india-s-agriculture-exports-jump-17-34-to-41-25-billion-in-fy21-economy-and.md) | +5.7% | -5.3% |
| WHEAT | 2017-09-07 | [Govt may import 800,000 tonnes of wheat in Oct-Sept: Traders \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/68939-govt-may-import-800-000-tonnes-of-wheat-in-oct-sept-traders-economy-and-policy.md) | +2.7% | +2.1% |
| 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 | 2021-05-19 | [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 | 2022-05-16 | [Wheat prices rocket on India export ban. London, Paris futures set record highs - Grain Price News](https://feedsoft.ai/events/41448-wheat-prices-rocket-on-india-export-ban-london-paris-futures-set-record-highs.md) | +4.0% | -0.3% |

## Sources

- business-standard.com: https://www.business-standard.com/article/economy-policy/india-s-wheat-exports-could-quadruple-to-8-year-high-as-global-prices-rally-121100600757_1.html

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