USD 2 bn Chinese rice market

Recent Developments

• The Chinese authorities visited India to inspect the rice mills and last week approved 24 Indian rice mills for exports of rice to China
• Out of the 24 approved mills, six attended a seminar and business to business meeting. In which 44 Chinese importers including China National Cereals, Oils and Foodstuffs Corporation (COFCO) took part.
• The China Chamber of Commerce of Foodstuffs and Native Products (CFNA) partnered with the Indian Embassy for the event.
• With world class quality and cost competitiveness, India has emerged as the biggest exporter of rice in the world
• Though India exports more than 12 million MT of rice every year, none comes to China TILL NOW
• The rice processing units interested in export of rice (Basmati and non Basmati) to China may convey their interest to DPPQ&S at Dr. K.S. Kapoor, Joint Director,
  Email: dr.kskapoor@gov.in

CFNA - China Chamber of Commerce of Foodstuffs and Native Produce

Address	4th Fl. Talent International Bldg., 80 Guangqumennei St. Beijing, , 100062, China, PR Phone: +86 (0)10/87109873 Fax: +86 (0)10/87109895

Trading hardship and rice smuggling in Ghana

2018/19 U.S. & Global Rice Market Outlook with Nathan Childs, USDA ERS, ...

Top Providers of Chinese Imported Rice

Top Providers of Chinese Imported Rice

Below are the 14 countries that supplied 100% of the rice imported into China during 2017:

1.    Vietnam: US$1.02 billion (55.9% of China’s total rice imports)

2.    Thailand: $544.1 million (29.8%)

3.    Cambodia: $101.1 million (5.5%)

4.    Pakistan: $93.6 million (5.1%)

5.    Laos: $32.8 million (1.8%)

6.    Myanmar (Burma): $31.8 million (1.7%)

7.    Japan: $1.1 million (0.06%)

8.    Russia: $962,000 (0.05%)

9.    Taiwan: $314,000 (0.02%)

10.  South Korea: $208,000 (0.01%)

11.  India: $10,000 (0.001%)

12.  United States: $9,000 (0.0005%)

13.  Canada: $2,000 (0.0001%)

14.  Italy: $2,000 (0.0001%)

Two of China’s leading rice suppliers, Vietnam and Thailand, account for 85.7% of overall Chinese imported rice for 2017.

TVC Breakfast 20th June, 2018 | Rice Smuggling

SME Business Club meet

Opportunities for milled rice - Europe

The import of rice shows an increase in milled rice.

According to European statistics in the first quarter of 2017, 71% of the milled rice is non-aromatic and 22% is aromatic but non-basmati. European imports of milled rice increased by almost 70% in the past five years.
The import duties for milled rice are usually higher than for husked rice, but several countries have been granted duty-free quota or completely duty-free access to the market. In addition, you have a small advantage as to its reduced weight and milled rice is less susceptible to fungus and mould. Milling, or removing the bran, can be an added value process performed in the country of origin. By offering an added value process, you increase the margin on your product. The relatively high import of husked rice is partly thanks to the duty-free import from Pakistan and India of husked basmati.

An estimated 62% of imported husked rice was basmati rice in the first quarter of 2017. Broken rice has a smaller but stable import share and is often used for starch or feed. Exporting rice in the husk is not very common due to logistical costs; the husks are usually removed immediately after harvesting. Nevertheless, the import of rice in the husk has increased in recent years. Your buyer’s decision of which type of processed rice to purchase is often based on profit and cost-efficiency

source of this Information

Certificate of authenticity for basmati

To export basmati rice to Europe, you need a certificate of authenticity.

Basmati is exported from India and Pakistan. In these countries, you can apply for such a certificate with the Export Inspection Council (India) and the Trading Corporation of Pakistan.

The approved varieties of basmati rice are:

• Basmati 370
• Basmati 386 (India)
• Type-3 (Dehradun India)
• Taraori Basmati (HBC-19 India)
• Basmati 217 (India)
• Ranbir Basmati (India)
• Kernel (Basmati Pakistan)
• Pusa Basmati
• Super Basmati

The Commission Regulation (EC) No 972/2006 has laid down special rules for imports of basmati rice and a transitional control system for determining their origin. This regulation allows basmati with up to 5% impurity from non-basmati varieties.

The certificate of origin is also needed to exempt basmati from import duties.

source of this information

Rice traders in Singapore portal

Here is a link to see Rice Trade companies world wide

Mehregan - import & export Agency, Iran Tehran Consultation agency in Tehran, Iran

Iranian import-export agency with plans for expanding business in Asia & Middle east market sector, we are here to help manufacturers, producers, and buyers looking for new accounts and business deal from overseas sales to local market. www.ixa.ir

CONTACT DETAILS

Call +98 21 6670 5804

@MehreganImportExportAgency.Iran.Tehran

mehregan.agency@gmail.com

http://www.ixa.ir

Exporting Rice to IRAN

Iran is a thriving trading centre and has global import partners.
The main partners are United Arab Emirates and China.
Annual rice consumption in Iran stands around 2.8 million tons, which exceeds the domestic production, therefore more than 500,000 Tons of rice is imported from India and Pakistan every year. As well as importing more than 5 million tons of wheat from Russia, Kazakhstan (central Asia), and Turkey

The White Rose Group looks forward to companies wanting to export to IRAN
The White Rose Group offer guidance and advice when importing to Iran. According to “Trading Economics” Iran imports more than 77000 USD million a year. It has become a lucrative centre for trade as International business continues to be on the increase. Negotiating services within foreign cultures can be challenging if you are uncertain about where and how you can access the most profitable distributors, producers, structured logistics and services from the most reputable and quality companies. 

Contact:

General Enquiries:
White Rose Group3rd Floor, No 255, Arya Building,
Between Neil and Alborz,
Mirdamad Avenue,
Tehran, Iran.

Phone: +98 (21) 26407993-96
Fax: +98 (21) 26423914

Freight Enquirers:
Tehran Nasim International Forwarding3rd Floor, No 255, Arya Building,
Between Neil and Alborz,
Mirdamad Avenue,
Tehran, Iran.

Phone: +98 (21) 26405165-68
Fax: +98 (21) 26405169

Iran is a big market for basmati rice

At present, basmati rice fetches $1,200-$1,300 per tonne in the world market.
India exported 0.87 million tonnes of basmati rice to Iran in FY18 and total exports stood at 4.05 million tonnes.
In the current fiscal, the trade is hopeful of exporting 1 million tonnes of basmati rice to Iran.
The US sanctions can only affect dollar trade. In that case, Euro or other local currencies can be used for trading. European nations have not imposed sanctions on Iran. Only dollar is eliminated. Also, we have to see whether there are sanctions on food items. If there are no sanctions on food items then there will be no worry for Indian food item exporters,” an Iranian trader, said. Indian exporters mostly receive payments in rupees for exports to Iran under a mechanism worked out in 2012 

Which are the top 10 basmati rice exporters in India?

1. KRBL LIMITED
2. D.D. International Inc.
3. Kohinoor Foods Ltd.
4. PJS Overseas Limited
5. Supple TEK Industries Private Limited
6. Amirchand Jagdish Kumar (Exports) Ltd.
7. L.T. Foods Ltd
8. Veer Overseas Ltd.
9. HRMM Agro Overseas Pvt.Ltd.
10. Bharat Cereals Pvt. Ltd.

The Largest Rice Importers In The World

• View information as a:
 
• List
 
• Chart

Rank	Country	Rice Imported (1,000 metric tons)
1	China	4,700
2	Nigeria	3,000
3	Phillippines	1,800
4	Iran	1,600
5	Indonesia	1,600
6	Saudi Arabia	1,550
7	European Union	1,500
8	Iraq	1,200
9	Senegal	1,100
10	Malaysia	1,000