English

India’s exports could drop about $4 bln this year due to curbs on wheat, rice, sugar – source

Source Hellenic Shipping News

Posted on December 23, 2023

Share

Tweet

Share

Share

Email

Comments

India’s exports could drop by about $4-5 billion this year due to trade restrictions on wheat, rice and sugar, a person familiar with the matter said on Thursday.

Basmati rice exports from India may be impacted if challenges due to attacks in the Red Sea by the Houthi group persists, the person added, requesting anonymity because he was not authorised to speak on the matter.

Source Link: https://www.hellenicshippingnews.com/indias-exports-could-drop-about-4-bln-this-year-due-to-curbs-on-wheat-rice-sugar-source/