India removes prohibition on wheat and wheat‑flour exports, DGFT notifies immediate effect

On 24 August 2026 India’s Directorate General of Foreign Trade revised export policy to move wheat and specified wheat‑flour HS codes from “Prohibited” to “Free”, allowing overseas shipments of wheat, durum wheat and processed products with immediate effect.

Easing India’s export prohibition increases global wheat availability and can, all else equal, reduce spot and futures food-price pressure that raises import bills for African wheat importers. Lower international wheat prices would ease subsidy/fiscal burdens for heavily subsidising governments and help reserve positions, potentially reducing short-term FX stress for import-dependent African sovereigns.

Monitor DGFT export notifications and recorded export shipments and global wheat price moves over coming weeks to assess pass-through to import bills.