https://www.bbc.com/news/world-asia-india-66360064
By Soutik BISWAS (August 02, 2023)
[What happens when India bans exports of a food staple that is essential to the diets of billions around the world?
On 20 July, India banned exports of non-basmati white rice in an attempt to calm rising domestic prices at home. This was followed by reports and videos of panic buying and empty rice shelves at Indian grocery stores in the US and Canada, driving up prices in the process.
(...)
India is the world's top rice exporter, accounting for some 40% of the global trade in the cereal. (Thailand, Vietnam, Pakistan and the US are the other top exporters).
Among the major buyers of rice are China, the Philippines and Nigeria. There are "swing buyers" like Indonesia and Bangladesh who step up imports when they have domestic supply shortages. Consumption of rice is high and growing in Africa. In countries like Cuba and Panama it is the main source of energy.]
...to be continued:
https://www.bbc.com/news/world-asia-india-66360064
