Bangladesh plans to import wheat from India amid global supply tightening

Bangladesh is considering importing wheat from India to meet domestic demand as global supplies face disruptions. Market participants expect sizeable purchases as the international grain market remains under pressure from geopolitical instability.

According to traders, negotiations between companies from both countries are already underway. A key factor behind the talks is India’s decision to lift its wheat export ban, allowing limited volumes to be shipped abroad.

India has approved exports of 2.5 million tonnes of wheat, along with an additional 500,000 tonnes of wheat-based products. Earlier, the government also permitted exports of 500,000 tonnes of wheat flour. These measures aim to stabilize the domestic market and support farmers’ incomes.

Although Indian wheat has traditionally been less competitive due to government-set minimum support prices, current conditions are reshaping the market. Rising logistics costs and disruptions in fertilizer supplies are boosting global demand, making Indian wheat more attractive to importers.

At the same time, India’s crop outlook remains relatively stable. Despite localized weather-related damage to wheat fields, losses are expected to be limited to around 2%. Overall foodgrain production is projected to reach a record level, creating favorable conditions for increased exports.

Tags: wheat, India, imports, Bangladesh