2023
PRODUCT COMPLEXITY IN Rice
-2.01Rnk 999 / 1025
2023
Imports
falseWorld Rnk 20 / 223
Flag Rnk 207 / 1211
2023
ECONOMIC COMPLEXITY of Canada
0.9Rnk 30 / 132

About

The fastest growing export markets for Rice of Canada between 2022 and 2023 were United States ($5.48M), China ($526k), and Senegal ($219k).

Imports In 2023, Canada imported $492M in Rice, becoming the 20th largest importer of Rice in the world. At the same year, Rice was the 207th most imported product in Canada. Canada imports Rice primarily from: United States ($197M), India ($121M), Thailand ($113M), Pakistan ($16.6M), and Vietnam ($14.7M).

The fastest growing import markets in Rice for Canada between 2022 and 2023 were India ($14.5M), Vietnam ($6.23M), and Chinese Taipei ($3.49M).

COMPANIES In 2023, leading companies such as Costco Wholesale (7) were at the forefront of shipping Rice from Canada to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$257k(8.17%)
IMPORT GROWTH (November 2023 - November 2024)C$-25.4M(-33.2%)
MAIN EXPORTER (November 2024)OntarioC$3.49M
MAIN DESTINATION (November 2024)United StatesC$3.33M

This section shows Rice's exports and imports data at subnational level for Canada. 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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Historical Data

Trade Balance

Color
IMPORTS (2023)$492M

In 2023, Canada imported $492M in Rice, mainly from United States ($197M), India ($121M), Thailand ($113M), Pakistan ($16.6M), and Vietnam ($14.7M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United States$5.48M (30.1%)
China$526k (1%)
Senegal$219k (4.29k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Canada WERE (2022 - 2023):
Mozambique-$534k (-100%)
Singapore-$174k (-100%)
Hong Kong-$86.9k (-97.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Rice were:
In 2023, Canada'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+ $11.2M
TOP IMPORT POTENTIALIndia+ $43.9M

Rice’s highest export potential is United States. With an export gap of $11.2M.   Rice’s highest import potential is India with an import gap of $43.9M.

See methodology.

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