It is a record amount as the Southeast Asian nation bought around 53,000 tons per year on average from India in the past five years.

leftcenterrightdel
Laborers maneuver a cart loaded with rice sacks at a mill on the outskirts of Ahmedabad, India. (Photo: Reuters)

According to India’s Rice Exporters Association, Malaysia is making substantial purchases from India after a long time, in a further sign of improving trade relations between the countries. The purchases would help trim rice stockpiles in India, the world’s biggest exporter.

The Indian association looks to export 200,000 tons of rice to Malaysia this year after the latest deals.

Malaysia relies on rice imports as it gives priority to its palm oil industry instead. The country buys roughly 900,000 tons of rice each year, with Thailand being its largest supplier.

Source: VNA