India has emerged as the world’s largest rice exporter in 2012 beating its Asian counterpart Thailand with shipment of 9.75 million tonne, according to USDA’s latest report.Thailand was the top rice exporter with exports of 10.65 million tonne in 2011. However, its volume slipped to 6.5 million tonne in 2012.
“On the export side, India’s exports were raised 1.75 million tonne to a record 9.75 million tonne based on a record pace of shipments to date and larger supplies. This makes India the largest rice exporter in 2012, a first for India,” the USDA report said.
India is followed by Vietnam, which shipped 7 million tonne of rice, Thailand (6.5 million tonne), Pakistan (3.75million tonne) and the US (3.5 million tonne), it added.
India moved to the top slot from the third place in 2011 buoyed by record production of 104.32 million tonne on the back of good monsoon rains. The US agency said with India’s shipments rising this year it has to revise its global trade estimates upwards by 1.85 million tonnes.
“Global trade for 2012 was raised 1.85 million tonnes to a record 37.7 million tonnes, with India accounting for the bulk of the upward revision in exports,” it said. The global rice production in 2012 is estimated at 464.87 million tonne. India is the world’s largest grower.
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