IFPRI’s observations About Bangladeshi Rice Market:

IFPRI’s observations About Bangladeshi Rice Market

 

Bangladesh has huge paddy land where lots of people involve to cultivate rice. Bangladeshi government allow business man to export rice to other's country. 

if you are interest you can try to buy rice. huge opportunity for small business man who looking Bangladeshi rice.

 

Main export products list of bangladesh:

main export item is ready garments and others products like shrimps, jute, leather goods and tea and rice. Main export country list are the United States and the EU. 

Bangladesh imports major fuel, capital goods and foodstuff originating in China, India, the EU and Kuwait. 

Bangladesh is not largest rice export country:

In most global rice markets, the U.S. rice company faces tough competition from Asian company. Thailand is the world's largest rice exporting country, followed by Vietnam, Pakistan, India, and China and Bangladesh

Bangladeshi Rice production unstable:

International rice buyers are not keen on purchasing rice from countries with such unstable production like bangladesh. 

There is no practical calculations of how much actually exportable rice there is in the country. The rice market is fluctuated and rice market in south asia dominated by India.

So even if Bangladesh wants, it will not be that easy to export rice as like India or thailand.

 

IFPRI’s observations About Bangladeshi Rice Market:

bangladeshi rice market is not sustainable. every year is not same production come and the price of rice so higher than international market. 

Thailand give so cheap price than bangladesh. The price of rice is still low in the international market. The rice mills owners offer request to bangladeshi government for the export of rice.but rice price is main factor to export to international market.

sometime rice price goes down in bangladesh market. keep in eys every year when price going down. you can import from bangladesh market to resale high quality bangladeshi rice abroad.

Bangladeshi government future export thought about rice:

 

More thab 10 million Bangladeshi living abroad.they buy Indian rice or other's country rice. Bangladesh Government targeting them basically for rice exports. 

 

Bangladeshi rice also has demand in many African countries. Bangladesh government will also export rice to India and Sri Lanka.

International rice export country list by percentage:

 IFPRI’s report says,. India is the largest seller of rice in the rice global market, they export about 34 per cent alone. 

Next big Thailand exporting nearly 28 per cent, after Vietnam with 19 per cent, Pakistan 11 per cent and the US almost 9 per cent.

 

Bangladeshi Rice not to reason exporting current time:

On average Bangladesh 700,000 ton shortfall or surplus of rice annually. The surplus rice is not of export quality and so the rice was not exported.

Bangladeshi rice main export market are African country then south asian country like Srilanka.

Bangladesh Government need survey before export Rice to Abroad:

 

Bangladesh government should to carry out a survey and then take a decision for rice export. 

 

The government should encourage new business man how to export quality rice for international market.

 Government should care bangladeshi farmer's social security program to those who are being hit hard by the low rice prices to reduce fluctuate rice market.