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Overview This page contains the latest trade data of Rice. In 2021, Rice were the world's 156th most traded product, with a total trade of $28.4B. Between 2020 and 2021 the exports of Rice grew by 4.93%, from $27B to $28.4B. Trade in Rice represent 0.13% of total world trade.

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

Exports In 2021 the top exporters of Rice  were India ($10B), Thailand ($3.48B), Vietnam ($2.96B), Pakistan ($2.26B), and United States ($1.96B).

Imports In 2021 the top importers of Rice were China ($2.18B), Philippines ($1.42B), Saudi Arabia ($1.05B), Bangladesh ($1.02B), and United States ($936M).

Ranking Rice ranks 985th in the Product Complexity Index (PCI).

Latest Data

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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.

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Historical Data

Exporters and Importers

Top Origin (2021)India$10B
Top Destination (2021)China$2.18B

In 2021 Rice were the world's 156th most traded product (out of 1,217).

In 2021, the top exporters of Rice were India ($10B), Thailand ($3.48B), Vietnam ($2.96B), Pakistan ($2.26B), and United States ($1.96B).

In 2021, the top importers of Rice were China ($2.18B), Philippines ($1.42B), Saudi Arabia ($1.05B), Bangladesh ($1.02B), and United States ($936M).

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Exporters of Rice (2021)
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Importers of Rice (2021)
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Market Dynamics

Color
Top Origin Growth (2020 -  2021)India$1.83B
Top Destination Growth (2020 -  2021)Bangladesh$993M

Between 2020 and 2021, the exports of Rice grew the fastest in India ($1.83B), Cambodia ($274M), Tanzania ($163M), Vietnam ($163M), and Pakistan ($96.4M).

Between 2020 and 2021, the fastest growing importers of Rice were Bangladesh ($993M), Vietnam ($553M), China ($473M), Cote d'Ivoire ($222M), and Philippines ($194M).

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Exporters of Rice (2020 - 2021)

Importers of Rice (2020 - 2021)

Market Concentration

Value

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

In 2021, market concentration measured using Shannon Entropy, was 3.56. This means that most of the exports of Rice are explained by 11 countries.

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Value of Exports in Rice

Net Trade

TOP NET EXPORTER (2021)India$10B
TOP NET IMPORTER (2021)Philippines$1.42B

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 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Rice were India ($10B), Thailand ($3.47B), Vietnam ($2.27B), Pakistan ($2.22B), and United States ($1.02B).

In 2021, the countries that had a largest trade value in imports than in exports of Rice were Philippines ($1.42B), China ($1.09B), Saudi Arabia ($1.04B), Bangladesh ($1B), and Iraq ($791M).

Net Trade (2021)

Disaggregation

Value

In 2021, the world most traded Rice, disaggragated by their HS6 level were Rice, semi-milled or wholly milled ($22.1B), Rice, broken ($2.94B), Rice, husked (brown) ($1.81B), and Rice in the husk (paddy or... ($1.56B)

HS6 Disaggregation for Rice (2021)
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Country Comparison

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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.

Top 10 Exporters Countries of Rice by percentage of total exports

Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2021)

Country by Relatedness

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.

Relative Relatedness by Country (2021)

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