India’s exports of agricultural and processed food products rose by a modest 3.3% year-on-year to $20.99 billion during the April-January period of the current fiscal, as rice, which has the biggest share in the country’s agri-products exports basket, declined due to geo-political factors. The value of rice exports including basmati and non-basmati varieties, declined by 7.5% on year to $ 9.33 billion during the April-January period of FY26. In January, 2026, India, the biggest exporter of rice in the world, shipped grain valued at $ 1.03 billion, a decline of 25% on year.