Vietnam is set to maintain its position as a leading rice supplier following India's recent easing of export restrictions. With India, which previously accounted for over 40% of global rice exports, lifting its curbs, Vietnam is poised to benefit from the shifting demand as buyers seek reliable sources.
The changes in India's export policy are expected to create opportunities for Vietnamese rice producers to capture a larger share of the market, reinforcing Vietnam's status in the competitive global rice trade landscape.
Citations:
[1] https://www.business-standard.com/industry/news/why-india-s-easing-of-export-curbs-is-important-to-global-rice-trade-124092900481_1.html
[2] https://indianexpress.com/article/explained/explained-economics/export-ban-non-basmati-white-rice-lifted-why-impact-9594407/
[3] https://www.thepigsite.com/news/2024/05/china-france-sign-deals-on-pork-imports-bird-flu-bans
[4] https://lightcastlepartners.com/insights/2021/12/agro-processing-on-the-rise-how-the-government-is-helping-it-thrive/
[5] https://www.philstar.com/business/2024/09/30/2388867/department-agriculture-temporarily-bans-french-poultry-imports
[6] https://www.finance.gov.pk/survey/chapter_24/2_agriculture.pdf
[7] https://www.da.gov.ph/da-bans-import-of-live-poultry-and-poultry-products-from-belgium-and-france-after-bird-flu-outbreak/
[8] https://apps.fas.usda.gov/psdonline/circulars/oilseeds.pdf