Top 5 Countries that import wheat from India
India has
banned wheat export on May 13, 2022. Thus at present slate is clean and India
has no major importers for its wheat. Right at the outset India had left a
window open for government to government supply to nations facing food security
threats and supply to its immediate neighbors, also government to government
supply. After ban India has received requisition from UAE, Bangladesh, Oman,
Yemen and Indonesia. Normal export of wheat from India is going on in the form
of wheat flour export. Tradologie.com B2B procurement platform is providing
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Before
blanket ban, India used to export wheat mainly to its neighboring countries like
Bangladesh, Sri Lanka and Nepal but other countries like Yemen, Indonesia,
Qatar and Afghanistan also imported wheat from India. India has been exploring
Egyptian market as well. After wheat export ban unusual rise in wheat flour
exports was seen as wheat exporters in their endeavor to get rid of their excess
wheat stocks started converting their wheat stocks to wheat flour stocks and
exporting. Scores of countries import wheat flour from India. USA, UAE, UK,
Australia, Malaysia, Singapore, Canada, Oman, Qatar, New Zealand, Kuwait, South
Africa, Sri Lanka, Saudi Arabia, Japan, Germany and many more countries import
wheat flour from India.
Indian wheat ban is not going to last long hope Indian exporters of wheat. India is losing on lucrative wheat export business because of this ban. Import and export of wheat in India is not a business that can be treated so lightly. Importers from Asia had full trust in India for wheat imports but now are exploring other options including Russia, despite obvious payment problems. Government of India is also right on its part as it has to ensure food security of its huge population. A middle path needs to be found. India very much has surplus food grains including wheat. So, export of wheat is destined to go sooner or later. This is the reason why fear of ban on rice and wheat flour has not come true. Indian wheat exporters are waiting for lifting of wheat export ban and so are wheat importers from major nations relying on imports of Indian wheat.
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