# Commentary: COVID-19 temporary trade restrictions on rice and its implications for South Africa – NAMC | National Agricultural Marketing Council

> A NAMC commentary reviews temporary COVID-19 trade restrictions on rice imposed by 12 countries as of May 10, 2020, including Vietnam, the Philippines, India and Russia. It warns that South Africa, which imports over 90% of its rice, faces food price fluctuations and food security risks from these measures.

- Date: 2020-07-29 · published 2020-07-29T12:00:00.000Z
- Category: trade · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/52085-commentary-covid-19-temporary-trade-restrictions-on-rice-and-its-implications
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Export restrictions by major Asian producers tighten global rice availability and push up import prices, which affects importers like South Africa. The analysis is backward-looking on measures already in place, so its direct price impact is limited.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2020-05-15 | [COVID-19-related trade restrictions on rice and wheat could drive up prices and increase hunger](https://feedsoft.ai/events/53102-covid-19-related-trade-restrictions-on-rice-and-wheat-could-drive-up-prices-and.md) | -7.9% | -7.8% |
| RICE | 2024-02-21 | [The impact of India’s rice export restrictions on global markets, supplies and prices \| The Business Standard](https://feedsoft.ai/events/31740-the-impact-of-india-s-rice-export-restrictions-on-global-markets-supplies-and.md) | -1.0% | -2.4% |
| RICE | 2020-03-23 | [Ephemeral spike in demand in India’s food sector owing to Covid-19: TPCI - Trade Promotion Council of India](https://feedsoft.ai/events/54094-ephemeral-spike-in-demand-in-india-s-food-sector-owing-to-covid-19-tpci-trade.md) | +5.2% | +9.6% |
| RICE | 2016-12-03 | [China finally lifts restrictions, opens its market for Indian rice; LT Foods, Kohinoor Foods, others set to benefit - Commodities News \| The Financial Express](https://feedsoft.ai/events/73433-china-finally-lifts-restrictions-opens-its-market-for-indian-rice-lt-foods.md) | +3.1% | -2.7% |
| RICE | 2017-08-18 | [Colombia Lifts Import Restrictions on U.S. Rough Rice \| USA Rice Federation](https://feedsoft.ai/events/69527-colombia-lifts-import-restrictions-on-u-s-rough-rice-usa-rice-federation.md) | +2.1% | +5.7% |

## Sources

- namc.co.za: https://www.namc.co.za/commentary-covid-19-temporary-trade-restrictions-on-rice-and-i-ts-implications-for-south-africa/

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