Rice is one of the most exported commodity worldwide. From biryanis to kheers, a wide range of cuisines can be made out of it and hence the demand for rice remains strong all year round.444444

Located in Southeast Asia, the Philippines is one of the top 10 rice importers of the world. Last year itself, the country imported 3.7 million tonnes of rice and with that became the second largest rice importer worldwide.

Located in Asia, Bangladesh is having a hard time making ends meet. The Russia-Ukraine war followed by heavy rains and floods have raised several troubles for the Asian nation and this has fueled up prices of agro-commodities in the domestic markets.