2022
Exports
$1.88MWorld Rnk 82 / 176
Flag Rnk 458 / 1142
2022
PRODUCT COMPLEXITY IN Rice
-1.95Rnk 998 / 1025
2022
Imports
$117MWorld Rnk 63 / 221
Flag Rnk 139 / 1183
2022
ECONOMIC COMPLEXITY of Colombia
0.11Rnk 58 / 133

About

Exports In 2022, Colombia exported $1.88M in Rice, making it the 82nd largest exporter of Rice in the world. At the same year, Rice was the 458th most exported product in Colombia. The main destination of Rice exports from Colombia are: Venezuela ($1.82M), Kenya ($19.4k), Cuba ($12.4k), Canada ($6.27k), and Bahamas ($5.32k).

The fastest growing export markets for Rice of Colombia between 2021 and 2022 were Venezuela ($1.15M), Kenya ($19.4k), and Canada ($6.27k).

Imports In 2022, Colombia imported $117M in Rice, becoming the 63rd largest importer of Rice in the world. At the same year, Rice was the 139th most imported product in Colombia. Colombia imports Rice primarily from: United States ($75.9M), Ecuador ($26.6M), Peru ($12.8M), Guyana ($410k), and Italy ($403k).

The fastest growing import markets in Rice for Colombia between 2021 and 2022 were United States ($69.7M), Ecuador ($17.4M), and Peru ($12.4M).

Latest Trends

Aug 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)$1.88M
IMPORTS (2022)$117M
NET TRADE (2022)-$115M

In 2022, Colombia exported $1.88M in Rice. The main destinations of Colombia exports on Rice were Venezuela ($1.82M), Kenya ($19.4k), Cuba ($12.4k), Canada ($6.27k), and Bahamas ($5.32k).

In 2022, Colombia imported $117M in Rice, mainly from United States ($75.9M), Ecuador ($26.6M), Peru ($12.8M), Guyana ($410k), and Italy ($403k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Colombia WERE (2021 - 2022):
Venezuela$1.15M (172%)
Kenya$19.4k (1%)
Canada$6.27k (104k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Colombia WERE (2021 - 2022):
Cuba-$183k (-93.6%)
Costa Rica-$78k (-97.9%)
Ecuador-$34.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Colombia's main exporting competitors in Rice were:
India $11.1B
Vietnam $3.18B
In 2022, Colombia'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 POTENTIALKenya+ $34.9k
TOP IMPORT POTENTIALThailand+ $1.02M

Rice’s highest export potential is Kenya. With an export gap of $34.9k.   Rice’s highest import potential is Thailand with an import gap of $1.02M.

See methodology.

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