The interim government may lift the ban on exports of fragrant rice to increase revenue and address the long-standing demand of the country’s business community to boost trade and enhance export earnings.

The production of aromatic rice has nearly doubled in Bangladesh over the past seven years, with farmers showing interest in growing the grain in order to profit from its higher prices compared to traditional parboiled rice.

10.23 lakh tonnes of aromatic rice was produced in FY24, up from 5.79 lakh tonnes in FY18

Senior Commerce Secretary Tapan Kanti Ghosh shared the information today

The commerce ministry has imposed restrictions on the export of aromatic rice to rein in prices of the special quality of cereal in the local market of Bangladesh.