Export restrictions on staple crops increased between January 2024 and July 2024, and then decreased by nearly 50% from August 2024 to June 2025. This sharp decline followed a period from 2018 onwards which saw an overall increase in export restrictions.
The sharp decline coincided with the removal of several pre-existing export restrictions by major players and relatively fewer introductions of export restrictions overall. Notably, India removed its export prohibitions, quotas, taxes, and minimum export prices (MEPs) on rice, thus removing nearly all its rice-targeted export restrictions with the exception of its licensing requirements. Argentina ended its export quota on maize and removed its export tax on rice. Russia removed its export taxes on rice and soybeans and ended its export prohibition on wheat.
Approximately 85% of export restrictions on staple crops between January 2024 and June 2025 were implemented by four countries: India, Russia, Argentina, and Ukraine.
In the context of a highly interdependent global economy, monitoring export restrictions on staple crops in a consistent and transparent way is crucial to reducing uncertainty surrounding these measures and to helping market participants and policymakers develop more effective responses to crises.
OECD Inventory of Export Restrictions on Staple Crops
Policy Trends up to 2025