2022
Exports
$94.2MWorld Rnk 24 / 176
Flag Rnk 233 / 1198
2022
PRODUCT COMPLEXITY IN Rice
-1.95Rnk 998 / 1025
2022
Imports
$227MWorld Rnk 49 / 221
Flag Rnk 192 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $94.2M in Rice, making it the 24th largest exporter of Rice in the world. At the same year, Rice was the 233rd most exported product in Singapore. The main destination of Rice exports from Singapore are: Indonesia ($53.5M), Mozambique ($23.8M), Benin ($10.1M), Zimbabwe ($3.16M), and Philippines ($796k).

The fastest growing export markets for Rice of Singapore between 2021 and 2022 were Indonesia ($7.34M), Zimbabwe ($3.16M), and Brunei ($575k).

Imports In 2022, Singapore imported $227M in Rice, becoming the 49th largest importer of Rice in the world. At the same year, Rice was the 192nd most imported product in Singapore. Singapore imports Rice primarily from: Thailand ($77.9M), India ($72.3M), Vietnam ($53.4M), Japan ($9.36M), and Cambodia ($4.27M).

The fastest growing import markets in Rice for Singapore between 2021 and 2022 were India ($2.39M), Pakistan ($609k), and Cambodia ($346k).

COMPANIES In 2023, leading companies such as Riviana Foods (7) and Panasonic (1) were at the forefront of shipping Rice from Singapore 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)$94.2M
IMPORTS (2022)$227M
NET TRADE (2022)-$133M

In 2022, Singapore exported $94.2M in Rice. The main destinations of Singapore exports on Rice were Indonesia ($53.5M), Mozambique ($23.8M), Benin ($10.1M), Zimbabwe ($3.16M), and Philippines ($796k).

In 2022, Singapore imported $227M in Rice, mainly from Thailand ($77.9M), India ($72.3M), Vietnam ($53.4M), Japan ($9.36M), and Cambodia ($4.27M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Indonesia$7.34M (15.9%)
Zimbabwe$3.16M (1%)
Brunei$575k (422%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Singapore WERE (2021 - 2022):
Mozambique-$13M (-35.3%)
Benin-$11.4M (-53%)
Philippines-$4.48M (-84.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Rice were:
India $11.1B
Vietnam $3.18B
In 2022, Singapore'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 POTENTIALPhilippines+ $823k
TOP IMPORT POTENTIALIndia+ $25M

Rice’s highest export potential is Philippines. With an export gap of $823k.   Rice’s highest import potential is India with an import gap of $25M.

See methodology.

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