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India Reclaims The Crown In Rice Exports As Philippines Dumps Vietnam For Diversified Deals. How India’s Export Surge Is Reshaping Global Markets And Breaking Vietnam’s Monopoly

naveenika The Philippines, the world’s top rice importer, is now looking to broaden its supplier base beyond Vietnam to secure more stable supply and competitive prices. Speaking on Friday, Philippines Agriculture Secretary Francisco Tiu Laurel shared that the department is in discussions with private importers about sourcing rice from countries like India, Pakistan, Cambodia, and […]

Thai rice exports decline as India re-enters market

Source: World Grain. Thailand’s rice exports from January to March 2025 faced significant challenges with more Indian rice entering the global market, according to a report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture. During that time, Thai rice exports totaled 1.8 million tonnes, down 27% from the same period last […]

Japan eyes more rice exports as domestic consumption set to decline

KYODO NEWS TOKYO – The Japanese government on Friday vowed to explore new overseas markets and provide support for more efficient production as part of efforts to increase rice exports in response to an envisioned long-term contraction in domestic consumption. In the annual white paper on food and agriculture for fiscal 2024 approved by the […]

India’s Food-Grain Production Reaches 354 Million Tonnes; Wheat, Rice & Maize Boom

Source: Free Press Journal India’s foodgrain production is estimated to have reached 354 million tonnes in 2024-25, which is 6.6 per cent higher than last year’s (2023-24) production of 332 million tonnes, according to the third advance estimates. The estimates are based on all major crops, including wheat, rice, maize, soyabean, pulses and groundnuts. The […]

Cabinet approves FY26 minimum support price for Kharif crop; rice MSP increased by 3 percent

The government has approved the MSP for 15 crops, which include rice, jowar, bajra, pulses, soybean, and cotton. While the MSP for nigerseed, ragi, and cotton have been improved substantially, rice or paddy, which forms the bulk of Kharif production, has seen an increase of just 3 percent in its MSP. Written by FE Business […]

Govt approves second phase of 5,800 tonnes aromatic rice exports.

TBS Report The minimum export price has been set at $1.60 per kg, equivalent to Tk196.80. The government has approved the export of 5,800 tonnes of aromatic rice in a second phase, allowing 52 companies to export. A circular from the Ministry of Commerce on Wednesday (28 May) said each company can export between 100 […]

Export hopes high at Thai rice convention

Source: Bangkok Post Thailand is promoting its high-quality and distinctive rice varieties, anticipating that the Thailand Rice Convention will secure 100,000 tonnes in orders and generate over 2 billion baht in revenue. At the 10th Thailand Rice Convention (TRC) 2025 in Bangkok on Monday, Commerce Minister Pichai Naripthaphan said the government is committed to enhancing […]

Vietnamese traders required to stockpile rice before export deals

New rice export rules are driving up costs for traders with pre-contract storage mandates. Several proposed regulations in the draft decree on rice export business are raising costs and increasing capital pressure for new traders. These include requirements to stockpile at least 1,250 tons of rice even without having signed contracts, and the obligation to […]

VCCI calls for removing restrictions on rice traders

The condition that traders must own, rather than lease, warehouses for storing rice is inconsistent with market principles. It increases entry costs, creates challenges for small and medium-sized enterprises, and contradicts the spirit of Resolution No. 68-NQ/TW on promoting the private sector, which emphasises “regulation, not prohibition”. HÀ NỘI — The Việt Nam Chamber of […]