---
title: "Basmati rice export, 2023"  
description: "A summary of the news about Basmati rice exports in 2023."  
author: "Anjita D."  
published: 2023-10-18  
canonical: https://yourviews.mindstick.com/story/2931/basmati-rice-export-2023  
category: "trending"  
tags: ["Basmati", "facts", "general knowledge"]  
reading_time: 1 minute  

---

# Basmati rice export, 2023

![Basmati rice export 2023](https://yourviews.mindstick.com/stories/39a04acf-156a-46b1-beb6-696bc4bf05a8/images/0170a19d-7955-4227-9b43-ea1773922c80.jpeg) ![Basmati rice export 2023](https://yourviews.mindstick.com/stories/39a04acf-156a-46b1-beb6-696bc4bf05a8/images/5a24c8cb-cb06-4fe1-b7db-3701d37d9f68.jpeg) India's basmati rice exports in 2022-23 reached 4.1 million MMT, valued at USD 4.2 billion, according to APEDA. ![Basmati rice export 2023](https://yourviews.mindstick.com/stories/39a04acf-156a-46b1-beb6-696bc4bf05a8/images/ab268a8e-d926-40fc-8fd2-aa4653b73baf.jpeg) Furthermore, in the previous year, there was a 10% increase in volume and a 15% increase in value. ![Basmati rice export 2023](https://yourviews.mindstick.com/stories/39a04acf-156a-46b1-beb6-696bc4bf05a8/images/a1438f4e-714d-4e88-8e53-abfd6e22a4cf.jpeg) Basmati rice exports reached 1.97 million tons in the first six months of fiscal year 2023-24, worth USD 2.2 billion. ![Basmati rice export 2023](https://yourviews.mindstick.com/stories/39a04acf-156a-46b1-beb6-696bc4bf05a8/images/8fd7e4a6-cb10-4a7c-b3db-25d8bcf11008.jpeg) It has increased by 14.6% and volume by 4.36% in the first six months of 2023-24, reaching 1.97 MMT and USD 2.2 billion respectively. ![Basmati rice export 2023](https://yourviews.mindstick.com/stories/39a04acf-156a-46b1-beb6-696bc4bf05a8/images/73c0c595-7f34-4504-a4ce-2e81c103f4f7.jpeg) The government imposed a minimum export price of USD 1,200 per tonne in August 2023 to prevent the export of non-basmati rice as basmati rice.

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Original Source: https://yourviews.mindstick.com/story/2931/basmati-rice-export-2023

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