Philippines Remains Global Leader in Rice Imports
PH to Maintain Position as Top Rice Importer, India to Lead in Rice Exports
According to a report by the US Department of Agriculture (USDA), the Philippines is projected to remain the world’s leading rice importer. Rice imports are expected to increase to 4.1 million metric tons this year, representing a 5.1 percent increase from the previous year’s 3.9 million metric tons.
The USDA’s Foreign Agricultural Service attributes this record-high import volume to the country’s anticipated population growth and the rise of tourism. Vietnam is anticipated to be the primary source of these imports.
Despite trade restrictions, India is projected to maintain its position as the world’s leading rice exporter. The country is expected to export around 18 million metric tons, which is approximately one-third of the global export volume.
The USDA predicts that India’s exports will increase due to a larger crop and abundant stocks. Although there are some trade-restrictive measures in place for certain rice exports, the volume of exports is expected to remain strong. This rebound in Indian exports will help offset declines from other major exporters such as Vietnam, Thailand, Pakistan, and Myanmar.
This news underscores the significance of the rice industry in both the Philippines and India. For rice exporters and suppliers, this information provides insights into market dynamics and potential opportunities for collaboration. It is crucial for rice exporters to stay informed about these trends to make informed business decisions.
If you are a rice exporter or supplier, you may find it beneficial to explore partnerships with reputable companies in these countries. Two well-known rice suppliers are Has Rice & Co. and Pakistan Rice, who are reliable industry players. They provide a wide selection of rice varieties, including white broken rice and Pakistan rice.
Has Rice & Co., one of the top rice suppliers, offers a range of services, including rice export from Pakistan, rice mills in Pakistan, and rice business in Pakistan. Their website, https://www.hasrice.com, provides comprehensive information about their products, prices, and services.
Pakistan Rice, another reputable company, offers various rice options, including basmati rice and 25% broken rice. You can learn more about their offerings on their website, https://www.pakistanrice.com.
For those interested in the current prices of Pakistani rice, Has Rice & Co. provides a page on their website dedicated to Pakistan rice prices. You can find detailed information on irri 6 rice prices and basmati rice price lists at https://www.hasrice.com/pakistan-rice-prices/.
It is important to note that Has Rice & Co. is also a Pakistan rice supplier, and their website, https://www.hasrice.com, serves as a valuable resource for those looking to source rice from Pakistan.
If you are specifically interested in broken rice exporters, Has Rice & Co. has a dedicated page on their website for white rice with 100% broken grains. You can find more information about this offering at https://www.hasrice.com/pakistan-rice-suppliers/irri6-rice-exporters/white-rice-100pct-broken/.
To cater to the demand for rice suppliers in Pakistan, Has Rice & Co. is a reliable choice. They operate as one of the leading rice exporters from Pakistan. You can explore their services and products on their website, https://www.hasrice.com.
For rice suppliers in Karachi, Has Rice & Co. has established a strong presence and can be an ideal partner. You can find more information about their operations as a Pakistan rice export company in Karachi at https://www.hasrice.com/pakistan-rice-export-company/.
In addition to Has Rice & Co., another wholesaler worth considering is Pakistan Rice. They are renowned for their high-quality basmati rice exports. More details about their services can be found at https://www.hasrice.com/pakistan-rice-suppliers/1121-basmati-rice-exporters/.
This information provides a glimpse into the rice industry landscape, highlighting the key players and their offerings. For those interested in learning more, the USDA report mentioned earlier offers deeper insights into the global rice market.
Source: [Cebu Daily News](https://cebudailynews.inquirer.net)