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MoneyWorks4Me

India exports 55.26 lakh tonne Rice in Apr-Sept

01 Dec 2015 Evaluate

India has exported 55.26 lakh tonne (LT) of rice, valued at over $3.17 billion, in the first six months of the current financial year.

During the April-September period, the country has exported 20.84 LT of basmati rice valued at over $1.91 billion and 34.42 LT of other varieties valued at over $1.25 billion. India exported 1.19 crore tonne rice valued at $7.8 billion in the last financial year. The maximum quantity of 5.98 LT was exported to Saudi Arabia, followed by 5.08 tons to Senegal and 4.15 LT to UAE.

Import of rice is allowed through Food Corporation of India (FCI) and its import is also subject to clearance by FSSAI.