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HomeFundingChinese  rice exports to  Ivory Coast peak in  2022 after  Indian restrictions  

Chinese  rice exports to  Ivory Coast peak in  2022 after  Indian restrictions  

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 According to customs data compiled by Bloomberg,  China shipped 45,000 tons to the African country in October, matching the  export  volume  in  August. According to Indian government data,  Ivory Coast  is  the  fourth largest  buyer of non-basmati rice from India in  2022-2023.  

 China exported more rice to  Ivory Coast in the three months  to  October than in  all  of 2022 after India  curbed grain exports,  with  restrictions  likely to  last until see you  next  year.

 The Asian nation shipped 45,000 tons to the African  nation  in October, matching  August’s export volume, according to  customs data compiled by  Bloomberg. According to Indian government data,  Ivory Coast  is  the  fourth largest  buyer of non-basmati rice from India in  2022-2023.  Top  exporter  India  tightened restrictions  on overseas sales  starting  late July and is expected to maintain  them until  next year to  rein in domestic prices. before the  election.  Asian benchmark  prices rose  back above  $600/tonne  this week after  cooling  recently  from  their  highest level in  nearly  15 years. 

  Ivory Coast  only  bought  rice from China in October and August this year, with  a  total  volume  of 90,000  tons,  exceeding  63,500 tons in 2022, according to customs data. Other African  countries  have  increased  purchases from China. 

  Figures show  China exported 20,000  tonnes  to the Democratic Republic of Congo in October, the  largest  monthly volume since at least July  2018. Total exports  to Ghana  reached  20,000 tons, slightly lower than the record 20,500 tons  reached  in August.  

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