The Indian Rice industry is one of the most important industries in India. The major production of rice takes place in the states of Uttar Pradesh, West Bengal, Andhra Pradesh, Punjab, and Telangana. In India, the production of rice has increased from 85.5 million metric tons in 2018-19 to 110.15 million tons in 2020-21.
With an increase in demand for basmati rice in the international market, Indian exporters are looking forward to gaining more opportunities to enhance their trade worldwide. This growing demand for rice in the international market has also given a fillip to Indian E-commerce companies that are providing B2B platforms to connect buyers and suppliers across the world.
Tradologie is one such digital trade platform that provides a full range of services to its buyers and sellers on a single platform and helps them expand their business through online B2B marketplaces.
How Tradologie.com simplifies the rice trade
Tradologie.com is the digital trade platform that connects organic basmati rice exporters with buyers in different parts of the world.
Tradologie.com is India’s first digital trade platform for bulk trading of commodities like rice, wheat, spices, and pulses. It’s a place where sellers and wholesalers can meet global buyers, negotiate deals, and close sales.
The platform allows them to connect with buyers from all over the world, including countries like Vietnam, Bangladesh, and Indonesia – all of which are major producers and exporters of rice.
It provides them with a convenient platform where they can showcase their products and services without having to deal with any middlemen or brokers.
The platform also enables them to communicate with buyers directly so that they can negotiate prices on their own terms. This gives them an opportunity to maximize profits by cutting out unnecessary costs associated with traditional methods of doing business such as paying commissions or traveling long distances in order to meet prospective clients.
Global Rice Trade
The global rice trade is expected to rise by 5 million tons in 2021/22 due to a greater recovery of demand from major importers. Although global rice exports from India are expected to fall to 43 million tons, this would still be the second-highest volume of trade ever recorded.
The COVID-19 pandemic has had an unprecedented impact on the lives and livelihoods of millions of people and will have long-term social, economic, and health implications. The pandemic has disrupted food value chains, with production, processing, and distribution being affected by measures put in place to contain the virus.
Rice is one of the most important food crops in the world. It provides up to 40 percent of dietary energy for more than half of the world’s population. Despite its importance, rice is often overlooked in food security discussions and policymaking.
Tradologie has a huge potential to reshape the way in which one can trade in rice. The platform is versatile, and it has been designed to work across multiple geographical locations. It is also accessible to the common man and efficient. Tradologie is on the verge of changing global trade for rice.