The global sugar trade is around 64 million tons per year. Raw sugar accounts for around 60% of worldwide commerce volumes. Although more than 120 nations produce sugar, the top 5 Sugar Exporting Countries (Brazil, Thailand, India, Australia, and Guatemala) accounted for approximately 70% of global commerce in 2016-18.
Sugar is derived from two major crops: sugarcane and sugar beet, which are grown in various regions across the world. Sugar beet grows best in chilly, wetter climates. There are more than 120 Sugar Producing Nations around the globe.
Sugar is a kind of carbohydrate that the body uses to produce glucose. They are a source of energy for us.
It can be found naturally in some foodstuffs, such as fruits and dairy products, and is also added to a wide range of foods. However, the most common crop used for extracting Sugar used in our daily lives is Sugarcane. It contributes 80% of the World’s Sugar Production.
Benin is a democratic country with a modest domestic market of Agri Commodities. The economy of the nation is highly reliant on economic connections with its neighbors, notably Nigeria.
Benin’s overall macroeconomic circumstances improved in 2017, with a 5.6 percent growth rate.
Rice is one of the world’s foremost food crops for humans, particularly in Asian countries. Top 5 rice-consuming countries in the world during 2020 are from Asia.
Rice is the third most grown crop in the world? The only two crops produced more than rice are maize (corn) and sugarcane. It grows in moist conditions, which are common in the Asian region.
Agriculture plays a vital role in India’s economy. More than 58 percent of rural families rely on agriculture as their primary source of income. Agri commodities exporters play a significant role in building a nation’s economy.
As the world becomes more globalized, food supply chains are getting more complicated to manage in terms of preventing food wastage and ensuring safe, nutritious, quality food. Digitization can tackle all of this accompanied by realistic problems. People working in sourcing and procuring Agri commodities play an important role in linking agricultural communities with food processing firms on a global scale.
Introduction to Jasmine Rice
Termed as the Queen Of Premium Aromatic Rice varieties, Jasmine Rice is solely cultivated in the bountiful regions of Thailand and Vietnam.
As Per the statistics, Thailand is one of the largest rice exporters in the world, constantly topping the list with its premier quality and exceptional taste.
Jasmine rice is also known as Thai Fragrant Rice or Hom Mali rice. It was originally grown in Thailand, where it is known as Khao Hom Mali. Hom Mali rice has been grown in the Thai subcontinent for millennia. It was first cultivated for the royalty of the Kingdom of Siam.