CURRENT AFFAIRS

Detailed explanation-1: -Notes: China emerged as the top buyer of Indian rice during the pandemic, importing 16.34 lakh metric tonnes (LMT) or 7.7 per cent of India’s total rice export in financial year 2021-22.

Detailed explanation-2: -China has emerged as the largest importer of broken rice from India, taking over the earlier largest importer.

Detailed explanation-3: -Top export destinations of “Rice” from India in 2021: Bangladesh with a share of 9.7% (934 million US$) Saudi Arabia with a share of 8.18% (788 million US$) Iran with a share of 6.87% (662 million US$)

Detailed explanation-4: -International Relations. The analysis shows that out of China’s total rice import from India of 16.34 LMT, nearly 97 per cent was broken rice, which has seen a spike in demand from that country. Thus making China the top buyer of Indian broken rice, which was earlier, exported mostly to African countries.

Detailed explanation-5: -India is the world’s largest rice exporting country. Other major rice exporters include Thailand, Vietnam, Pakistan, the United States, China, and Burma. These 7 countries account for more than 85 percent of the total volume of annual global rice exports.