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flag India’s basmati rice exports to grow 2% to 6.06 million tonnes in 2026 despite Middle East tensions.

flag India’s basmati rice exports are projected to grow 2% to 6.06 million tonnes in 2026, remaining stable despite Middle East tensions. flag Higher demand from Saudi Arabia, Iraq, the UAE, and Yemen is expected to offset reduced shipments to Iran. flag Logistical challenges, including longer transit times and payment delays, may increase working capital needs by 10-15%, but exporters are likely passing on higher freight and insurance costs to maintain profitability. flag Despite geopolitical risks, credit profiles remain strong, and stable demand is expected to sustain export volumes and rice prices.

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