2022
Exports
$12.2MWorld Rnk 50 / 176
Flag Rnk 105 / 931
2022
PRODUCT COMPLEXITY IN Rice
-1.95Rnk 998 / 1025
2022
Imports
$373MWorld Rnk 25 / 221
Flag Rnk 45 / 1173
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $12.2M in Rice, making it the 50th largest exporter of Rice in the world. At the same year, Rice was the 105th most exported product in Bangladesh. The main destination of Rice exports from Bangladesh are: United States ($3.26M), India ($2.81M), Pakistan ($990k), Italy ($893k), and United Kingdom ($600k).

The fastest growing export markets for Rice of Bangladesh between 2021 and 2022 were India ($2.81M), Pakistan ($990k), and Kuwait ($153k).

Imports In 2022, Bangladesh imported $373M in Rice, becoming the 25th largest importer of Rice in the world. At the same year, Rice was the 45th most imported product in Bangladesh. Bangladesh imports Rice primarily from: India ($257M), Burma ($57.3M), Thailand ($37.4M), Vietnam ($15.7M), and China ($3.62M).

The fastest growing import markets in Rice for Bangladesh between 2021 and 2022 were Thailand ($37.3M), Burma ($13.2M), and China ($767k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Rice. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.2M
IMPORTS (2022)$373M
NET TRADE (2022)-$361M

In 2022, Bangladesh exported $12.2M in Rice. The main destinations of Bangladesh exports on Rice were United States ($3.26M), India ($2.81M), Pakistan ($990k), Italy ($893k), and United Kingdom ($600k).

In 2022, Bangladesh imported $373M in Rice, mainly from India ($257M), Burma ($57.3M), Thailand ($37.4M), Vietnam ($15.7M), and China ($3.62M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
India$2.81M (4.84M%)
Pakistan$990k (1%)
Kuwait$153k (117%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Bangladesh WERE (2021 - 2022):
Saudi Arabia-$4.63M (-100%)
Malaysia-$899k (-70.7%)
United Arab Emirates-$346k (-39.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Rice were:
India $11.1B
Vietnam $3.18B
In 2022, Bangladesh's main importing competitors in Rice were:

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Trade Value of Rice by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.43M
TOP IMPORT POTENTIALIndia+ $117M

Rice’s highest export potential is United States. With an export gap of $2.43M.   Rice’s highest import potential is India with an import gap of $117M.

See methodology.

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