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2022
Exports $1.18BWorld Rnk 6 / 176
Flag Rnk 401 / 1216
2022
Destination $71.3M South Korea
2021 - 2022
FASTEST GROWING MARKET $71.3MEgypt
2022
PRODUCT COMPLEXITY IN Rice-1.95Rnk 998 / 1025
2022
Imports $2.46BWorld Rnk 1 / 221
Flag Rnk 128 / 1212
2022
Origin $309M India
2021 - 2022
FASTEST GROWING ORIGIN $309MIndia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $1.18B in Rice, making it the 6th largest exporter of Rice in the world. At the same year, Rice was the 401st most exported product in China. The main destination of Rice exports from China are: South Korea ($210M), Egypt ($151M), Turkey ($116M), Papua New Guinea ($73.5M), and Japan ($68.4M).

The fastest growing export markets for Rice of China between 2021 and 2022 were Egypt ($71.3M), Turkey ($63.5M), and South Korea ($33.8M).

Imports In 2022, China imported $2.46B in Rice, becoming the 1st largest importer of Rice in the world. At the same year, Rice was the 128th most imported product in China. China imports Rice primarily from: India ($679M), Vietnam ($429M), Thailand ($389M), Pakistan ($385M), and Burma ($366M).

The fastest growing import markets in Rice for China between 2021 and 2022 were India ($309M), Thailand ($62.6M), and Burma ($34.2M).

COMPANIES In 2023, leading companies such as Walong Marketing (81), Riviana Foods (69), and At Home Procurement (15) were at the forefront of shipping Rice from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Rice exports accounted up to $97.9M and imports accounted up to $60.2M, resulting in a positive trade balance of $37.7M. Between October 2023 and October 2024 the exports of China's   Rice have increased by $10M (11.4%) from $87.8M to $97.9M, while imports decreased by $-9.07M (-13.1%) from $69.3M to $60.2M.

Destinations In October 2024, Rice were exported mostly to South Korea ($17.1M), Turkey ($17.1M), Democratic Republic of the Congo ($10.2M), Ghana ($10.1M), and Bulgaria ($9.69M), and were imported mostly from Burma ($32.6M), Thailand ($10.1M), Cambodia ($5.87M), Vietnam ($4.28M), and Pakistan ($3.66M).

Growth In October 2024, the increase in Rice's year-by-year exports was explained primarily by an increase in exports to Japan ($18.6M or 131%), Burundi ($497k or 960%), and Hong Kong ($269k or 21.1%). In October 2024, the decrease in Rice's year-by-year imports was explained primarily by a decrease in imports from Pakistan ($-57.6M or -81.3%), Thailand ($-29.5M or -49.9%), and India ($-20.6M or -54.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$10M(11.4%)
IMPORT GROWTH (October 2023 - October 2024)$-9.07M(-13.1%)
MAIN EXPORTER (October 2024)Beijing$80.6M
MAIN DESTINATION (October 2024)South Korea$17.1M

This section shows Rice's exports and imports data at subnational level for China. 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
EXPORTS (2022)$1.18B
IMPORTS (2022)$2.46B
NET TRADE (2022)-$1.28B

In 2022, China exported $1.18B in Rice. The main destinations of China exports on Rice were South Korea ($210M), Egypt ($151M), Turkey ($116M), Papua New Guinea ($73.5M), and Japan ($68.4M).

In 2022, China imported $2.46B in Rice, mainly from India ($679M), Vietnam ($429M), Thailand ($389M), Pakistan ($385M), and Burma ($366M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR China WERE (2021 - 2022):
Egypt$71.3M (88.9%)
Turkey$63.5M (121%)
South Korea$33.8M (19.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY China WERE (2021 - 2022):
Niger-$67.3M (-73.1%)
Cameroon-$44.5M (-84%)
Guinea-$44.1M (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Rice were:
India $11.1B
Thailand $4.29B
Vietnam $3.18B
In 2022, China's main importing competitors in Rice were:
Philippines $1.63B
Saudi Arabia $1.23B

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Trade Value of Rice by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $29.4M
TOP IMPORT POTENTIALIndia+ $534M

Rice’s highest export potential is United States. With an export gap of $29.4M.   Rice’s highest import potential is India with an import gap of $534M.

See methodology.

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