Economic impacts of the Indian ban on non-Basmati rice exports

Kjersti Nes, K. Aleks Schaefer and Jisang Yu

Food Policy, 2025, vol. 134, issue C

Abstract: In July 2023, India — the world’s largest rice exporter — imposed a ban on non-Basmati rice exports. This policy resulted in significant price increases in global rice markets, with prices rising by up to 32% in key rice-exporting countries. As a consequence, rice-consuming countries, particularly those in Asia and Africa, experienced increased food expenditures, leading to an estimated annual consumer surplus loss of $315 million. Our analysis suggests that the export ban disproportionately impacts low-income consumers in countries heavily dependent on rice imports.

Keywords: Export ban; Price analysis; Causal inference; Gravity functions (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jfpoli:v:134:y:2025:i:c:s0306919225000983

DOI: 10.1016/j.foodpol.2025.102893

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