The Impact of Multinational Grain Export Restrictions on China

Abstract

India is an important exporter of rice in the world. In 2022, India's total rice exports accounted for over 40% of the world's rice exports. With India's announcement of restrictions on rice exports, the import price of rice has also increased. As a populous country, although China has high grain production, due to factors such as food security and balancing international trade, China also imports a large amount of grain from other countries every year. Since 2022, many countries, including Russia, Brazil, and others, have also chosen to restrict grain exports due to certain factors. Although China's rice production can make it self-sufficient, the situation for other agricultural products is not the same. If the largest exporting country of some crops with low yields China restricts their export, it will undoubtedly have an impact on China's imports and market, as the difficulty of importing these crops has increased. This article aims to analyze the impact of grain export constraints on China through literature review to demonstrate the impact of grain export restrictions from other countries on China in order to draw attention to the impact of grain export restrictions on China.