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Trade Spotlight

Rice Export Prices Highest in More Than a Decade as India Restricts Trade

India, the world’s largest rice exporter, disrupted global rice markets by banning white rice exports in July 2023, before placing an export tax on parboiled rice exports in August 2023.
Line graph showing the changes in the exported price of rice per metric ton since 2013. Prices have increased sharply since India stopped rice exports.