2022
Exports
$11.1BWorld Rnk 1 / 176
Flag Rnk 5 / 1212
2022
PRODUCT COMPLEXITY IN Rice
-1.95Rnk 998 / 1025
2022
Imports
$12.5MWorld Rnk 138 / 221
Flag Rnk 841 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $11.1B in Rice, making it the 1st largest exporter of Rice in the world. At the same year, Rice was the 5th most exported product in India. The main destination of Rice exports from India are: Iran ($1.16B), Saudi Arabia ($990M), China ($679M), Benin ($546M), and United Arab Emirates ($413M).

The fastest growing export markets for Rice of India between 2021 and 2022 were Iran ($504M), China ($309M), and Saudi Arabia ($171M).

Imports In 2022, India imported $12.5M in Rice, becoming the 138th largest importer of Rice in the world. At the same year, Rice was the 841st most imported product in India. India imports Rice primarily from: United Arab Emirates ($3.04M), Bangladesh ($2.81M), Thailand ($2.11M), Oman ($1.76M), and Italy ($656k).

The fastest growing import markets in Rice for India between 2021 and 2022 were Bangladesh ($2.81M), United Arab Emirates ($2.05M), and Oman ($1.18M).

COMPANIES In 2023, leading companies such as Riviana Foods (87), Walmart (18), and Loblaws Supermarkets (9) were at the forefront of shipping Rice from India to the United States.

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)$11.1B
IMPORTS (2022)$12.5M
NET TRADE (2022)$11.1B

In 2022, India exported $11.1B in Rice. The main destinations of India exports on Rice were Iran ($1.16B), Saudi Arabia ($990M), China ($679M), Benin ($546M), and United Arab Emirates ($413M).

In 2022, India imported $12.5M in Rice, mainly from United Arab Emirates ($3.04M), Bangladesh ($2.81M), Thailand ($2.11M), Oman ($1.76M), and Italy ($656k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR India WERE (2021 - 2022):
Iran$504M (77.3%)
China$309M (83.6%)
Saudi Arabia$171M (20.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY India WERE (2021 - 2022):
Bangladesh-$677M (-72.5%)
Iraq-$168M (-32.1%)
Nepal-$116M (-26.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Rice were:
In 2022, India'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 POTENTIALChina+ $534M
TOP IMPORT POTENTIALThailand+ $3.11M

Rice’s highest export potential is China. With an export gap of $534M.   Rice’s highest import potential is Thailand with an import gap of $3.11M.

See methodology.

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