Tradologie.com – Online Marketplace for Bulk Rice Import
India is one of the largest producers, consumers, and exporters of Basmati Rice in the world. It has been one of the leading sources of rice export with a significant share in the global market. The country produces over 150 million tonnes of Rice annually. The regions like West Bengal and Uttar Pradesh are among the top rice-producing States in India, accounting for about 60% of total production.
Tradologie.com is one of the emerging B2B e-marketplaces for Indian Rice Exporters and International Rice Importers. It provides an opportunity for Overseas Buyers to find suitable and reliable suppliers for their bulk purchase requirements. Tradologie.com has connected thousands of International Buyers with verified Suppliers in India on a single platform.
Global Basmati rice trade
As reported by USDA, the global Basmati rice trade continues to grow and reach record levels. In the last marketing year (MY) 2018/19, India remained the major exporter of Basmati rice with a share of 71 percent of the global market and exported approximately 2.5 million metric tons (MMT). Pakistan ranked second with a 17 percent share of the world’s Basmati market and exported about 800,000 metric tons (MT). The remaining 12 percent was shared by other countries like Thailand, UAE, USA, Iran, Italy, Nepal, and several others. Overall, global export of Basmati rice reached 3.5 MMT during MY 2018/19 compared to 3.1 MMT in MY 2017/18. This is an increase of 12 percent over MY 2017/18. The value of exports also increased to $4.2 billion in MY 2018/19 compared to $3.8 billion in MY 2017/18. The average export price rose marginally to $1,200 per MT in MY 2018/19 compared to $1,200 per MT in MY 2017/18.
A new report titled “Basmati Rice Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023” has been included in the wide online database managed by Market Research Hub (MRH). The study discusses the prime market growth factors along with future projections expected to impact the Basmati Rice Market during the period between 2018 and 2023. The concerned sector is analyzed based on different market factors including drivers, restraints, and opportunities in order to enlighten the readers about the actual scenario prevailing in the Basmati Rice Market.
India Basmati rice export
India Basmati rice exports data is a clear testimony to the success of the crop. Most of the Indian basmati rice buyers who have been buying basmati rice from India for decades, continue to buy basmati rice from India. The main reason for this is that the quality of Indian basmati rice is truly unmatched.
According to the latest data available with us, India has exported over 1.1 million metric tons of basmati rice in the first 6 months of 2016, which was 7% higher than exports in the corresponding period last year. The value of these exports was also higher by 11% and stood at $1.8 billion.
The major markets were Saudi Arabia, UAE, Iran, and Iraq, which together accounted for nearly 60% of total exports. Saudi Arabia remained India’s largest market for basmati rice and it imported about 26% more during this period than what it imported during the corresponding period last year.
Iran bought 30% more basmati rice from India as against last year and it was India’s second-largest market for basmati rice this year too. Other major markets were the USA, Kuwait, Oman, Yemen, and the UK.
Online Rice Marketplace – Tradologie.com
Tradologie is the most trusted online marketplace for bulk procurement of Indian rice by overseas importers. If you are searching for reliable Indian rice exporters then you can submit your buying requirement and get quotes directly from verified sellers, especially if you are from the Middle East, Africa, Europe, and America continents.
We have made it much simpler for both Rice importers and exporters to get connected with each other on one platform, where they can easily communicate among themselves and build long-term business relationships through our network across the globe. Our main aim is to provide a hassle-free experience to both buyers and sellers and help them grow their businesses exponentially by connecting them on an online platform.
Procure Basmati rice in Bulk Through Tradologie.com
Tradologie.com is an online B2B marketplace for buyers and sellers of agriculture products. It enables agricultural suppliers, traders, and manufacturers to buy basmati rice in bulk and sell it at reasonable prices.
Tradologie.com offers Basmati rice to buyers from around the world, who are looking for procurement needs in bulk quantity. We offer Basmati rice at wholesale prices from various sellers verified by us.
On Tradologie.com, buyers can procure Basmati rice from trusted suppliers and manufacturers from all over India with ease. A buyer can simply place an inquiry for Basmati rice on the website and wait for sellers to quote their best prices. All transactions on Tradologie are conducted through their secure payment system that ensures quick settlements between the parties involved in a trade deal.
Benefits of Buying basmati rice online through Tradologie.com
Tradologie.com is one of the best B2B platforms that connects suppliers with buyers through a bidding process. Tradologie.com has a network of more than 300 buyers and 2800 suppliers across India.
Some of the benefits of buying Basmati Rice online through Tradologie.com are:
1. Transparent Marketplace
2. Full Control to Buyer
3. Negotiation with Suppliers
4. Less Risk
5. Dedicated Customer Support
Tradologie.com is the pioneer of the reverse auction in India. It has introduced the concept of e-tendering for buyers, which enables them to buy their required commodities at the best prices. Tradologie.com provides a platform where buyers can connect with the best suppliers and get their materials at cheaper rates.
Here is how Tradologie.com works:
The buyer posts an inquiry on Tradologie.com, mentioning the requirement and specification of the product they want to purchase. The buyer will get offers from the reputed sellers and they can place bids by quoting the lowest price possible for the quoted quantity within a specific time period. Buyers can also ask for sample products before finalizing any deal.
After getting quotes from different sellers, you can choose the most suitable offer and negotiate with them directly on Tradologie.com to finalize the deal. You can choose sellers based on parameters like price, quality, and delivery terms (including payment terms, delivery time, and mode of transport).
If you are planning to buy basmati rice online from India or a bulk quantity of any other commodity, then you should definitely check out Tradologie.com!