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Exports In 2022, Nepal exported $68.3k in Rice, making it the 123rd largest exporter of Rice in the world. At the same year, Rice was the 271st most exported product in Nepal. The main destination of Rice exports from Nepal are: Canada ($35k), United States ($15.3k), Italy ($8.3k), Australia ($6.96k), and Malta ($1.56k).

The fastest growing export markets for Rice of Nepal between 2021 and 2022 were Canada ($7.99k), Italy ($5.77k), and Malta ($1.56k).

Imports In 2022, Nepal imported $322M in Rice, becoming the 28th largest importer of Rice in the world. At the same year, Rice was the 4th most imported product in Nepal. Nepal imports Rice primarily from: India ($320M), United States ($1.53M), China ($380k), Vietnam ($69.7k), and Thailand ($29.5k).

The fastest growing import markets in Rice for Nepal between 2021 and 2022 were Vietnam ($69.6k), Thailand ($10.1k), and Italy ($3.26k).

Latest Trends

Sep 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)$68.3k
IMPORTS (2022)$322M
NET TRADE (2022)-$322M

In 2022, Nepal exported $68.3k in Rice. The main destinations of Nepal exports on Rice were Canada ($35k), United States ($15.3k), Italy ($8.3k), Australia ($6.96k), and Malta ($1.56k).

In 2022, Nepal imported $322M in Rice, mainly from India ($320M), United States ($1.53M), China ($380k), Vietnam ($69.7k), and Thailand ($29.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
Canada$7.99k (29.5%)
Italy$5.77k (229%)
Malta$1.56k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Nepal WERE (2021 - 2022):
India-$365k (-100%)
Australia-$51.8k (-88.2%)
United States-$5.99k (-28.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nepal's main exporting competitors in Rice were:
India $11.1B
Vietnam $3.18B
In 2022, Nepal's main importing competitors in Rice were:

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Trade Value of Rice by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $38.7k
TOP IMPORT POTENTIALIndia+ $34.9M

Rice’s highest export potential is United States. With an export gap of $38.7k.   Rice’s highest import potential is India with an import gap of $34.9M.

See methodology.

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