Author(s): Ajayakumar, Suman L, Sagar, Manojkumar Patil and B Nandita

Abstract: This research paper delves into the trade dynamics of rice and wheat on a global scale and within India from 2012 to 2022, focusing on export and import trends, unit values, and competitive advantages using 6-digit HS codes. The analysis reveals a significant upward trend in global rice exports, which peaked at 48.83 million tonnes (MT) in 2017 compared to 37.26 MT in 2012, indicating robust market expansion. However, rice imports exhibit substantial fluctuations, reaching a high of 44.73 MT in 2018 due to climatic disruptions such as drought and heavy rainfall during 2016-2018. Conversely, India’s rice exports have shown a steady increase, culminating in 146.11 million tonnes in 2020, underscoring its leading role as an exporter, with minimal rice imports highlighting its position as a net exporter. Similarly, global wheat exports increased to 198.55 MT in 2020 from 156.20 MT in 2012, though import volumes fluctuate significantly, peaking at 149.76 MT in 2018, again influenced by climatic factors. India’s wheat exports peaked at 4.585 million tonnes in 2012, while imports varied, with a notable peak of 5.347 million tonnes in 2017. The study also evaluates export unit values (EUV) and import unit values (IUV), providing insights into economic positioning. For rice, the USA holds the highest EUV, while India has the lowest for broken and husked rice. Among rice importers, Saudi Arabia shows the highest IUV, suggesting high demand for premium rice products. In wheat, the USA leads in EUV, while India’s EUV is lower, with Algeria being the top importer with the highest IUV, indicating significant demand.

Pages: 113-118 | Views: 230 | Downloads: 10

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