India achieves despite restrictions on exports.
There is no restriction on the export of basmati rice in India.
Certain restrictions have been imposed on the export of non-basmati rice.
A 20% export duty has been levied on certain varieties.
There is an export ban on 100% broken rice.
Even in this context, India is excelling in rice exports.
The main reason for this is that the price of rice has risen to a two-year high in Vietnam.
Five percent broken rice is exported from Vietnam at $495 to $500 per ton.
The Philippines, which buys a lot of rice from Vietnam, has drastically reduced its rice imports due to rising prices.
Thailand exports five percent broken rice at $480 per tonne.
But India alone exports 5% broken rice at $382 to $388 per tonne in the world.
So most of the countries prefer to buy rice from India.
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