2023
Exports
$66.2MWorld Rnk 30 / 184
Flag Rnk 247 / 1202
2023
PRODUCT COMPLEXITY IN Rice
-2.01Rnk 999 / 1025
2023
Imports
$298MWorld Rnk 34 / 223
Flag Rnk 141 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $66.2M in Rice, making it the 30th largest exporter of Rice in the world. At the same year, Rice was the 247th most exported product in Singapore. The main destination of Rice exports from Singapore are: Benin ($42.1M), Zimbabwe ($12.2M), Mozambique ($3.71M), Samoa ($2.39M), and Netherlands ($1.13M).

The fastest growing export markets for Rice of Singapore between 2022 and 2023 were Benin ($30.7M), Zimbabwe ($8.54M), and Angola ($751k).

Imports In 2023, Singapore imported $298M in Rice, becoming the 34th largest importer of Rice in the world. At the same year, Rice was the 141st most imported product in Singapore. Singapore imports Rice primarily from: India ($107M), Thailand ($89.4M), Vietnam ($74.7M), Japan ($8.92M), and Cambodia ($6.18M).

The fastest growing import markets in Rice for Singapore between 2022 and 2023 were India ($31.8M), Vietnam ($23.7M), and Thailand ($13.5M).

COMPANIES In 2024, leading companies such as Riviana Foods (3) and Panasonic (2) were at the forefront of shipping Rice from Singapore to the United States.

Latest Trends

Dec 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 (2023)$66.2M
IMPORTS (2023)$298M
NET TRADE (2023)-$232M

In 2023, Singapore exported $66.2M in Rice. The main destinations of Singapore exports on Rice were Benin ($42.1M), Zimbabwe ($12.2M), Mozambique ($3.71M), Samoa ($2.39M), and Netherlands ($1.13M).

In 2023, Singapore imported $298M in Rice, mainly from India ($107M), Thailand ($89.4M), Vietnam ($74.7M), Japan ($8.92M), and Cambodia ($6.18M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
Benin$30.7M (267%)
Zimbabwe$8.54M (233%)
Angola$751k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Singapore WERE (2022 - 2023):
Mozambique-$23.2M (-86.2%)
Liberia-$20.8M (-100%)
Cote d'Ivoire-$384k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Singapore's main exporting competitors in Rice were:
In 2023, 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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