# India’s Rice Exports Drops 29% due to Less Demand from African Countries

> India's rice exports fell 29% in August to 644,249 tonnes, with shipments down 27% over the first five months of the 2019/20 season. Weak African demand for non-basmati rice and Iran pausing basmati purchases were cited as reasons.

- Date: 2019-10-11 · published 2019-10-11T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/56516-india-s-rice-exports-drops-29-due-to-less-demand-from-african-countries
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Lower Indian export demand, the largest rice exporter, is bearish for global rough rice prices while buyers are supplied from other origins.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2019-10-03 | [Asia rice-waning demand prompts Indian, Thai exporters to lower prices - The Business Times](https://feedsoft.ai/events/56650-asia-rice-waning-demand-prompts-indian-thai-exporters-to-lower-prices-the.md) | +2.5% | -0.1% |
| RICE | 2020-07-20 | [Legacy vs price: Rice exports from Vietnam and India vie for ASEAN trade post-COVID-19](https://feedsoft.ai/events/52090-legacy-vs-price-rice-exports-from-vietnam-and-india-vie-for-asean-trade-post.md) | -0.2% | +0.5% |
| RICE | 2019-02-05 | [India's April-December rice exports drop 10%, pulses surge](https://feedsoft.ai/events/60553-india-s-april-december-rice-exports-drop-10-pulses-surge.md) | -3.8% | -1.9% |
| RICE | 2018-06-15 | [Rice exports to decline by 10% on restrictions from importing countries \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/64485-rice-exports-to-decline-by-10-on-restrictions-from-importing-countries-economy.md) | +3.2% | -4.0% |
| RICE | 2020-02-07 | [India rice exports hit 8-year low as price rise dents demand \| Daily FT](https://feedsoft.ai/events/54542-india-rice-exports-hit-8-year-low-as-price-rise-dents-demand-daily-ft.md) | -1.6% | -4.8% |

## Sources

- krishijagran.com: https://krishijagran.com/commodity-news/india-s-rice-exports-drops-29-due-to-less-demand-from-african-countries/

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