India's Basmati Rice Exports Get Freight Cost Cut via Iraq Shipping Plan

Oct 12, 2026

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The signal

IREF has launched a bulk-shipping initiative to reduce freight costs for basmati rice exports to Iraq by approximately 74 percent, lowering per-tonne charges from USD 350 to USD 90.

The collaboration with Eximwala Solutions Pte.

Ltd. covers 102,210 metric tonnes and is designed to strengthen India's position in Middle East rice markets by improving price competitiveness.

#basmati-rice-exports

#freight-cost-reduction

#india-iraq-trade

#bulk-shipping

#supply-chain-optimization

What This Means for Your Supply Chain

Simulation Suggestion

this month

What if freight cost reductions drive a surge in basmati export volumes to Iraq?

If the reported freight cost reduction from USD 350 to USD 90 per tonne attracts additional demand in the Iraq market, how would increased export volumes of 150,000 to 200,000 metric tonnes annually affect sourcing, warehouse capacity, and port congestion in India?

Run this scenario

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Supply Chain Simulation: How It Works and How to Choose Software

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