US government, trade economics
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USDA FAS · United States · India on track for record 24 million tonne rice export year after lifting 2023 bans
USDA analysis documenting how India's 2023 ban drove rice export prices to a decade high, and the subsequent liberalisation. USDA projects India's 2025-26 rice production at 143 million tonnes and exports at 24 million tonnes, a record, as the government liquidates excess stocks and prices remain competitive against Vietnam and Thailand.
“India's rice export prices hit decade highs when it restricted trade; USDA now forecasts a record 24 million tonne export year for 2025-26.”