Pakistan is expected to retain its position as the fourth biggest rice exporter, with 2012 exports expected to grow to 3.7 million tonnes.—File Photo

India’s global rice exports could top 10 million tonnes in the fiscal year ending next March, industry officials said Thursday.

Thailand, the world’s No. 1 rice exporter, is in danger of losing its top position for the first time since 1983 because of a government intervention scheme that has pushed Thai export prices up to uncompetitive levels.

Forecasts from the the United States Department of Agriculture (USDA) show that India, which resumed exports in September 2011, could take over the No.1 spot from Thailand this year.

Rice exports from Pakistan are expected to grow to 3.7 million tonnes in the fiscal year, compared to 3.4 million tonnes exported in 2011. Forecasts show the country will retain its spot as the worlds fourth biggest rice exporter.

Myanmar’s rice exports could top 1 million tonnes this fiscal year, up more than 18 per cent from a year ago, on strong demand from China for grain traded across the border.

Myanmar is one of the world’s top 10 rice exporting countries, according to rankings by the USDA.

Here are USDA rankings and forecasts for the world’s top 10 exporting countries.

World’s top 10 exporters (in million tonnes):

Country            Exports    Forecast
(2011) (2012)
 1. Thailand 10.6 6.5
 2. Vietnam 7.0 7.2
 3. India 4.6 10.0
 4. Pakistan 3.4 3.7
 5. United States 3.2 3.3
 6. Brazil 1.3 1.2
 7. Cambodia 0.86 0.80
 8. Uruguay 0.84 1.00
 9. Myanmar 0.78 0.70
 10. Argentina 0.73 0.68

More From This Section

Over 7pc growth in export of textile, clothing

The increase was due to the hike in export of raw cotton and low value-added products.

Round five of 3G spectrum licenses auction ends without change

The fifth round of auction concluded at $902.82 million without any change from the end of the previous round.

Power tariff reduced for one month

Nepra approved a Rs1.02 per unit reduction in electricity tariff for next month due to a decline in fuel prices.

Flour crisis looming as millers go on strike

Flour mills in Karachi went on a strike on Tuesday for an indefinite period over harassment.

Comments are closed.
Explore: Indian elections 2014
Explore: Indian elections 2014
How much do you know about Indian Elections?
How much do you know about Indian Elections?
From The Newspaper