# India's rice exports could jump to record on Thailand drought effects | Commodity - Food & Edible Oils - Business Standard

> Industry officials expect India's 2020 rice exports to rise about 42% to a record 14 million tonnes, up from 9.9 million tonnes in 2019. The increase is attributed to drought-reduced shipments from Thailand and lower Vietnamese output in the Mekong Delta, along with a weaker rupee. Indian stockpiles are also large.

- Date: 2020-10-07 · published 2020-10-07T12:00:00.000Z
- Category: weather · region India · magnitude medium
- Page: https://feedsoft.ai/events/50607-india-s-rice-exports-could-jump-to-record-on-thailand-drought-effects-commodity
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Higher Indian shipments fill the gap left by Thai and Vietnamese shortfalls and could cap global rice prices. Large Indian inventories also reduce state purchases from farmers.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2017-05-24 | [Basmati exporters expect higher output on good monsoon forecast \| Commodity - Food & Edible Oils - Business Standard](https://feedsoft.ai/events/70983-basmati-exporters-expect-higher-output-on-good-monsoon-forecast-commodity-food.md) | +2.0% | +2.4% |
| RICE | 2020-05-15 | [Rice prices ease on high production  \| The Business Standard](https://feedsoft.ai/events/7505-rice-prices-ease-on-high-production-the-business-standard.md) | -7.9% | -7.8% |
| RICE | 2025-06-27 | [India's Rice Bins Are Stuffed And Another Record Crop Coming](https://feedsoft.ai/events/24156-india-s-rice-bins-are-stuffed-and-another-record-crop-coming.md) | -3.3% | -3.3% |
| RICE | 2018-10-07 | [Rice harvest nearly complete, yields and quality better than expected - Talk Business & Politics](https://feedsoft.ai/events/12054-rice-harvest-nearly-complete-yields-and-quality-better-than-expected-talk.md) | -1.2% | -1.1% |
| RICE | 2022-06-01 | [India expected to see normal monsoon rains, could boost crop output](https://feedsoft.ai/events/41363-india-expected-to-see-normal-monsoon-rains-could-boost-crop-output.md) | -3.4% | -6.2% |

## Sources

- business-standard.com: https://www.business-standard.com/article/markets/india-s-rice-exports-could-jump-to-record-on-thailand-drought-effects-120100700482_1.html

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