India, the largest rice exporter of basmati wants the government to have a discussion on rice trade with China at the meeting held between the Indian PM Narendra Modi and China’s president Xi Jinping.
.They said that there is no reason for the China to reject the non-basmati rice import from India as they are good enough in quality and also value for money.
Some rice exporters are also considering political issues behing the rejection of the non-basmati rice by china so they urge the government to resolve them if any and since the percentage of levy rice procurement has been cut down by the government to 25%,the Indian market has enough of the non-basmati rice so any increase in the non-basmati export will be beneficial for both the farmers and Indian rice industry.
According to USDA,the demand for rice in China is increasing day by day.Rice import in China are likely to near about 2.6 million tons in 2014 and about 3.5 million tons in 2015 . China imported about 2.3 million tons of rice in 2013. China generally imports its rice from its traditionalrice exporter Vietnam, Pakistan and Thailand.
India being the largest basmati rice exporter of the world.In he last few years its annual exports seems reaching about 10 million tons. India has been mainly exporting basmati rice mainly to the Middle East countries and non-basmati rice to African countries, Russia and Ukraine.
China allowed access to Indian basmati rice in 2012. India exported about 1,625 tons of basmati rice in 2012-13 (April – March) and about 1,744 tons in 2013-14 to China.