As India, the world leader in exports restricts rice shipments, Brazil signaled at the World Trade Organization (WTO) that together with Mercosur partners, it is ready to expand exports and help with global food security.
Brazilian rice exports (husk base) totaled 451.3 thousand tones during the first quarter, more than double the same period in 2021 when 207.7 thousand tons were shipped, reports the Brazilian Rice Industry Association (Abiarroz).
Brazil's rice exports are expected to reach 1.2 million tons this year according to estimates from ABIARROZ (the Brazilian rice industry association), based on overseas sales between January and October which totalled 958,000 tons.