India's basmati exporters

16-Jan-2026

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India’s basmati rice exporters are facing fresh uncertainty as political unrest in Iran continues to disrupt trade. 

Once the largest buyer of Indian basmati, Iran has seen its demand weaken over the years, and the latest turmoil has added to exporters’ worries.

The biggest concern for exporters is delayed payments. Several Indian rice exporters have reported that their money is stuck, with consignments lying at Iranian ports. 

In response, the Indian Rice Exporters Federation has issued an advisory, asking exporters to be extra cautious while dealing with buyers in Iran.