Overview: This page contains the latest trade data of Rice. In 2019, Rice were the world's 154th most traded product, with a total trade of $24.7B. Between 2018 and 2019 the exports of Rice decreased by -7.23%, from $26.6B to $24.7B. Trade in Rice represent 0.14% of total world trade.
Exports: In 2019 the top exporters of Rice were India ($6.9B), Thailand ($4.35B), Vietnam ($2.44B), Pakistan ($2.25B), and United States ($1.89B).
Imports: In 2019 the top importers of Rice were Iran ($1.47B), China ($1.43B), Saudi Arabia ($1.36B), Philippines ($1.15B), and United States ($1.02B).
Tariffs: In 2018 the average tariff for Rice was 10.4%, making it the 406th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Rice are South Korea (511%), Tanzania (70.7%), Uganda (70.6%), India (68.3%), and Colombia (53.6%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Madagascar (0%), Mauritius (0%), and South Africa (0%).
Ranking: Rice ranks 915th in the Product Complexity Index (PCI).