Rice in Brazil 2020 Exports | Imports : $524M | $396M, World Rnk 10 / 176 Rnk 46 / 1202 | World Rnk 18 / 221 Rnk 87 / 1194
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $29.3M | $47.3M, Mexico | Uruguay
2020 ECONOMIC COMPLEXITY of Brazil: 0.44, Rnk 47 / 127
2020 PRODUCT COMPLEXITY IN Rice: -1.98, Rnk 1002 / 1029
Exports In 2020, Brazil exported $524M in Rice, making it the 10th largest exporter of Rice in the world. At the same year, Rice was the 46th most exported product in Brazil. The main destination of Rice exports from Brazil are: Venezuela ($104M), Peru ($61.5M), Senegal ($40.5M), United States ($38.2M), and Gambia ($30.9M).
The fastest growing export markets for Rice of Brazil between 2019 and 2020 were Mexico ($29.3M), Costa Rica ($25.6M), and South Africa ($20.8M).
Imports In 2020, Brazil imported $396M in Rice, becoming the 18th largest importer of Rice in the world. At the same year, Rice was the 87th most imported product in Brazil. Brazil imports Rice primarily from: Paraguay ($169M), Uruguay ($91.6M), Argentina ($46.3M), United States ($40.4M), and Guyana ($19.2M).
The fastest growing import markets in Rice for Brazil between 2019 and 2020 were Uruguay ($47.3M), United States ($40.1M), and Guyana ($19.2M).
Tariffs In 2017, the average tariff for Brazil in Rice was 9.02%. The countries with the highest import tariffs for Rice were Angola (Most Favoured Nation duty rate treatement, 9.4%), Burundi (Most Favoured Nation duty rate treatement, 9.4%), Benin (Most Favoured Nation duty rate treatement, 9.4%), Burkina Faso (Most Favoured Nation duty rate treatement, 9.4%), and Botswana (Most Favoured Nation duty rate treatement, 9.4%).
January 2023
Overview In January 2023 Brazil's Rice exports accounted up to $48.4M and imports accounted up to $42M, resulting in a positive trade balance of $6.41M. Between January 2022 and January 2023 the exports of Brazil's Rice have increased by $3.73M (8.36%) from $44.6M to $48.4M, while imports increased by $32.4M (337%) from $9.61M to $42M.
Destinations In January 2023, Rice were exported mostly to Mexico ($14.6M), Senegal ($11.5M), Venezuela ($8.52M), Spain ($4.46M), and Netherlands ($3.16M), and were imported mostly from Paraguay ($17.2M), Uruguay ($15.9M), Argentina ($7.6M), Italy ($952k), and Portugal ($253k).
Growth In January 2023, the increase in Rice's year-by-year exports was explained primarily by an increase in exports to Venezuela ($5.87M or 1.08k%), Portugal ($5.2M or 147k%), and Peru ($4.25M or 61.5%). In January 2023, the increase in Rice's year-by-year imports was explained primarily by an increase in imports from .
EXPORT GROWTH (January 2022 - January 2023): $3.73M, (8.36%)
IMPORT GROWTH (January 2022 - January 2023): $32.4M, (337%)
MAIN EXPORTER (January 2023): Rio Grande Do Sul, $26.9M
MAIN DESTINATION (January 2023): Mexico, $14.6M
This section shows Rice's exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Rice over time.
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EXPORTS (2020): $524M
IMPORTS (2020): $396M
NET TRADE (2020): $128M
In 2020, Brazil exported $524M in Rice. The main destinations of Brazil exports on Rice were Venezuela ($104M), Peru ($61.5M), Senegal ($40.5M), United States ($38.2M), and Gambia ($30.9M).
In 2020, Brazil imported $396M in Rice, mainly from Paraguay ($169M), Uruguay ($91.6M), Argentina ($46.3M), United States ($40.4M), and Guyana ($19.2M).
THE FASTEST GROWING Rice EXPORT MARKETS FOR Brazil WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Brazil WERE (2019 - 2020):
In 2020, Brazil's main exporting competitors in Rice were:
In 2020, Brazil's main importing competitors in Rice were:
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