Bangladesh is expected to be the world fourth largest rice producer in 2017. The FAO forecast that the biggest rice producer this year China with 142.3 million tonnes, followed by India with 110.4 million tonnes, Indonesia, Bangladesh and Vietnam. Global rice output is likely to increase by 0.7 per cent to 502.3 million tonnes. After two years of decrease, global rice exports are predicted to expand by 5 per cent in 2017 to 44.2 million tonnes compared with 43.6 million tonnes in the previous year, with India expected to remain the largest rice exporter. Global rice prices have been stabilised since early 2017 due to increasing demand and currency reforms in India and Thailand.