11-Jul-2024
Key Highlights:
According to basmati rice export data, India exported 10.76 billion USD worth of rice, of which basmati rice export from India stood at 5.4 billion USD.
With 604,273 total shipments, India is the top exporter of basmati rice, followed by Pakistan (30,205) and China (3,303).
The top export destinations for basmati export from India are Saudi Arabia, Iraq, Iran, Yemen Republic, and United Arab Emirates.
The Top rice-exporting countries are India, Thailand, Vietnam, Pakistan, and the United States.
The major basmati rice suppliers in India are Supple Tek, Amar Singh Chawal Wala, KRBL Rice, India Gate Foods, and Kohinoor Foods Limited.
Did you know? India is one of the world's largest rice producers and exporters. In reality, the country accounts for approximately 10% of global rice output. Every year, India exports millions of metric tons of rice to countries throughout the globe. Due to its low-fat content and complete lack of gluten, basmati is becoming more and more popular in the global market. The global market size of basmati rice is estimated to be 16,456 million USD and is going to touch 21,700 million USD by 2028, as it is rising at a CAGR of 8.5%.
If you are new to the market, you need to know about rice export values, top rice exporters, destinations, HS codes, and much more. In this blog, we will discuss basmati rice export from India data, basmati exporters in India, basmati rice export destinations, and more.
Here are the points that will give an overview of the production of basmati rice in India:
India accounts for more than 75% of the world's production of basmati rice.
On both sides of the Indus Valley, super-fine basmati rice is grown, making India and Pakistan the leading producers.
Over 135 million metric tons of basmati rice were produced in India in 2023–2024.
The major basmati rice-producing states in India are Punjab, Haryana, and Uttar Pradesh.
According to the 1966 Seeds Act, there are 45 different types of basmati rice cultivated in India.
Let’s take a look at the data on basmati rice export from India!
Year | Basmati Rice Export Data (Metric Tons) | % Change from Previous Year | Value (US$ Billion) | % Change from Previous Year |
export of basmati rice (2022) | 4.4 million | - | 4.3 | - |
export of basmati rice (2023) | 4.9 million | 11.50% | 4.8 | 11.60% |
April-February 2024 | 4.68 million | 14% | 5.2 | 22% |
India exported 4.9 million metric tons of basmati rice in 2023, gaining 11.5% from 2022 and almost reaching the record of 5 million tons established in 2020, according to data on basmati rice exports.
Additionally, exports increased by 14% to 4.68 million metric tons between April and February of 2024 compared to the same period in 2023, and by 22% to $5.2 billion.
Namibia is the leading exporter of basmati rice to the global market. The country sold 5242048.39 MT of basmati rice to other countries in 2023–2024, bringing in a total of Rs. 48389.18 crores (or 5837.12 US$ mill).
The demand for India's basmati exports is very high, particularly in West Asia. India's principal export markets include the United States, Saudi Arabia, Yemen, Iran, Iraq, and the United Arab Emirates.
Here is list of types of basmati rice export from India:
Haryana Basmati
Punjabi Basmati
Pant Basmati
Ranbir Basmati
Taraori Basmati
Kasturi Mahi Sugandha Basmati
Vallabh Basmati
Pusa Basmati
So, these are the kinds of basmati rice majorly produced and exported from India. To get the list of each kind of basmati rice with shipment values, explore basmati rice export data on exportimportdata.in.
Here is the list of top basmati rice suppliers in India:
Supple Tek
Amar Singh Chawal Wala
KRBL Rice
India Gate foods
Kohinoor Foods Limited
Veer Overseas Limited
KRBL Rice
Padhan Agro Exports India
Shiv Shakti International
Muskan Overseas
According to basmati rice export data, Here are just a few of the primary basmati exporters in India. To get a full detailed list of all the genuine basmati exporters in India, connect with us on our platform exportimportdata.in.
Here is the list of top export destinations for basmati export from India:
Saudi Arabia (1.09 million metric tonnes)
Iraq (824k metric tonnes)
Iran (670k metric tonnes)
Yemen Republic (308k metric tonnes)
United Arab Emirates (307k metric tonnes)
The table shows the export destination with export value:
S.No. | Top Indian Basmati Rice Importing Countries | Import Value in US$ |
1 | Saudi Arabia | 1.25 Billion |
2 | Iraq | 886 Million |
3 | Iran | 679 Million |
4 | Yemen Republic | 342 Million |
5 | United Arab Emirates | 333 Million |
As per basmati rice export data, Saudi Arabia is the top importer of basmati export from India, followed by Iraq, Iran, and Yemen Republic. These are the major countries that are the reason for the rising demand for basmati rice in the international market. Indian rice is widely consumed in Gulf countries as it goes well with many gravy dishes. To get more information about the shipment data of basmati rice export from India to gulf countries, visit exportimportdata.in.
Here is the list of top rice exporting countries with export value and export quantity:
S.No. | Top Rice Exporting Countries | Export Value in US $ | Export Quantity in Thousand Metric Tonnes |
1 | India | 10.76 Billion | 16,500 |
2 | Thailand | 3.95 Billion | 8,200 |
3 | Vietnam | 2.52 Billion | 7,600 |
4 | Pakistan | 2.35 Billion | 5,000 |
5 | United States | 1.70 Billion | 2,675 |
6 | China | 1.03 Billion | 2,200 |
7 | Italy | 804.6 Million | 1,950 |
8 | Myanmar | 786.8 Million | 1,800 |
9 | Brazil | 657.5 Million | 1,300 |
10 | Belgium | 515.5 Million | 9,50 |
India is the top basmati and non-basmati rice exporting country. All these above-listed countries are the leading exporters of rice. To get more specific data on basmati rice, explore our basmati rice export data on our website exportimportdata.in.
Here are top basmati rice HS codes:
HS Code | Product Description |
1006 | Rice |
100630 | Semi-milled or wholly milled rice |
10063020 | Basmati Rice |
To know more about Basmati Rice HS codes and basmati rice export data, visit exportimportdata.in.
Here are the steps, traders need to follow for basmati export from India:
It is important to select the best-fit market for basmati export from India. However, there are few export-import data provider platforms where you can access free basmati rice export data online. exportimportdata.in is the foremost platform, where you can access India trade market reports instantly.
For traders to do basmati rice export from India, they must obtain a number of licenses and permits. The following are some necessary documents:
Pan card
Packaging list
Phytosanitary certificate
Commercial invoice
Quality Certification
Bill of lading
Certificate of origin
Shipping bills
Commercial invoice
You can find buyers for basmati rice export from India through trade fairs, government portals, and online platforms. There are several free import-export data online providers in India, but one of the best import-export data providers is exportimportdata.in. Here, you can get the details of genuine and potential basmati rice buyers.
After that, you can arrange for the transportation of your basmati rices through a freight forwarder or a shipping company.
Basmati export from India would be a profitable business if all the steps are followed effectively. To do export business effectively and efficiently, you need valuable insights and updated basmati rice export data from our data-driven platform.
Wind up!
Entering into the business of basmati rice export from India can be a profitable business, but success requires strategic planning and execution. Quality control, complying with the rules of international trade, using relevant and attractive packaging and suitable supply chain management, and engaging with potential customers will allow you to crack the process and create a great export business with minimal risk.
Exportimportdata.in. is a prominent platform that will help you find the data that is required at the time of decision-making. We, one of the best import and export data providers, have considerable industry experience and can assist you in choosing reliable and genuine basmati rice buyers from our India basmati rice export database For a free demo, visit our informative dashboard. Thank you for reading!
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1121 steam rice is the longest basmati rice ranging around 8.05 to 8.30 mm in length. It is considered the best category of basmati rice in the international market due to its smooth texture, aroma, and fluffiness.
The global market size of basmati rice is estimated to be 16,456 million USD and will touch 21,700 million USD by 2028, rising at a CAGR of 8.5%.
As per the government minimum export price, the export price of basmati rice is INR 65/kg. In terms of USD, the export price of basmati rice in India is $800 per tonne.
Yes, rice export from India is profitable. Indian rice is becoming increasingly popular in the global market, due to its low-fat content and complete lack of gluten. As per rice export data, India exported 10.76 billion USD worth of rice, of which basmati rice export from India stood at 5.4 billion USD.
For traders to do basmati rice export from India, they must obtain several licences and permits. The following are some necessary documents: Import Export Code (IEC) from DGFT FSSAI Certificate Export License from APEDA Phytosanitary certificate Commercial invoice Quality Certification Bill of lading Certificate of origin Shipping bills Commercial invoice
Exporters are required to pay a 20% (free on board) export duty imposed by the government to export basmati rice from India.
In the rice export business, the Gross profit margin stands at 40.2% whereas the net profit margin is around 31% of the sales price.
For basmati rice to be authentic, it needs to have these qualities: High volume expansion during cooking Less clinging, airy, and prolonged after cooking Amylose content should not be less than 22% Moisture content should not exceed 12%