India, the world’s largest rice exporter, has banned the export of non-basmati white rice since July 20 in an effort to control domestic food prices and “ensure there is enough rice in the country at a reasonable price.” . The ban is boosting global rice prices. Among them, millions of consumers in Asia and Africa are suffering the most.
“Malaysia appears to be the most vulnerable country in our analysis,” Barclays bank said in a recent report, highlighting the country’s sizable dependence on Indian rice.
Countries affected by India’s rice export ban