HS Icon Rice

1006 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Rice. In 2020, Rice were the world's 134th most traded product, with a total trade of $26.8B. Between 2019 and 2020 the exports of Rice grew by 5.97%, from $25.3B to $26.8B. Trade in Rice represent 0.16% of total world trade.

Rice are a part of Cereals. They include Rice, semi-milled or wholly milled, Rice, husked (brown), Rice, broken, and Rice in the husk (paddy or rough).

Exports In 2020 the top exporters of Rice  were India ($8.21B), Thailand ($3.88B), Vietnam ($2.74B), Pakistan ($2.14B), and United States ($1.92B).

Imports In 2020 the top importers of Rice were China ($1.72B), Saudi Arabia ($1.37B), United States ($1.22B), Philippines ($1.21B), and Iran ($885M).

Tariffs In 2018 the average tariff for Rice was 10.3%, making it the 399th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Rice are South Korea (511%), Japan (274%), Taiwan (248%), Burundi (73.6%), and Uganda (73.6%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Madagascar (0%), Mauritius (0%), and South Africa (0%).

Ranking Rice ranks 1001st in the Product Complexity Index (PCI).

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Rice. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Historical Data

#permalink to section

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2020): India, $8.21B

Top Destination (2020): China, $1.72B

Rice are the world's 134th most traded product.

In 2020, the top exporters of Rice were India ($8.21B), Thailand ($3.88B), Vietnam ($2.74B), Pakistan ($2.14B), and United States ($1.92B).

In 2020, the top importers of Rice were China ($1.72B), Saudi Arabia ($1.37B), United States ($1.22B), Philippines ($1.21B), and Iran ($885M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2019 -  2020): India, $1.2B

Top Destination Growth (2019 - 2020): China, $276M

Between 2019 and 2020, the exports of Rice grew the fastest in India ($1.2B), Vietnam ($275M), Brazil ($152M), Uruguay ($110M), and Italy ($102M).

Between 2019 and 2020, the fastest growing importers of Rice were China ($276M), United States ($207M), Niger ($205M), Brazil ($148M), and Malaysia ($140M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Rice.

In 2020,  market concentration measured using Shannon Entropy, was 3.68. This means that most of the exports of Rice are explained by 12 countries.

Explore Visualizations

TOP NET EXPORTER (2020): India, $8.2B

TOP NET IMPORTER (2020): Saudi Arabia, $1.37B

This map shows which countries export or import more of Rice. Each country is colored based on the difference in exports and imports of Rice during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Rice were India ($8.2B), Thailand ($3.86B), Vietnam ($2.6B), Pakistan ($2.11B), and Myanmar ($1.15B).

In 2020, the countries that had a largest trade value in imports than in exports of Rice were Saudi Arabia ($1.37B), Philippines ($1.21B), Iran ($882M), Iraq ($692M), and Benin ($662M).

Disaggregation

#permalink to section
Value

In 2019, the world most traded Rice, disaggragated by their HS6 level were Rice, semi-milled or wholly milled ($21.1B), Rice, broken ($2.32B), Rice, husked (brown) ($2.13B), and Rice in the husk (paddy or... ($1.27B)

Country Comparison

#permalink to section
Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Rice.
It is possible to select the main countries that export or import Rice in the world, or by continent, as well as select the measure of interest.

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Rice was 10.3%. The countries with the highest tariffs for importing Rice were South Korea (511%), Japan (274%), Taiwan (248%), Burundi (73.6%), and Uganda (73.6%).

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Country by Relatedness

#permalink to section

The following visualization shows the relatedness of Rice to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.