HS Icon Rice, husked (brown)

100620 (Harmonized System 1992 for 6-digit)

 2019
World Trade
: $1.87B, Rnk 1371 / 4648

2019
Top Exporter | Top Importer
: $468M | $236M, Myanmar | South Korea

2019
Product Complexity
: -1.31, Rnk 4258 / 4826

2018 - 2019
Export Growth (CAGR)
: -8.21%, Rnk 3184 / 4648

2018
Mean Tariff
: 10.3%, Rnk 2182 / 6538

 2019
Share of World Trade
: 0.01%, Rnk 1371 / 4648

Overview:  This page contains the latest trade data of Rice, husked (brown). In 2019, Rice, husked (brown) were the world's 1371st most traded product, with a total trade of $1.87B. Between 2018 and 2019 the exports of Rice, husked (brown) decreased by -8.21%, from  $2.03B to $1.87B. Trade in Rice, husked (brown) represent 0.01% of total world trade.

Exports: In 2019 the top exporters of Rice, husked (brown)  were Myanmar ($468M), Pakistan ($296M), United States ($177M), China ($139M), and Thailand ($120M).

Imports: In 2019 the top importers of Rice, husked (brown) were South Korea ($236M), China ($227M), United Kingdom ($163M), Belgium ($141M), and Netherlands ($88.4M).

Tariffs: In 2018 the average tariff for Rice, husked (brown) was 10.3%, making it the 2182nd lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Rice, husked (brown) are South Korea (511%), Colombia (77%), Tanzania (70.7%), Uganda (70.6%), and India (68.3%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Madagascar (0%), Mauritius (0%), and South Africa (0%).

Ranking: Rice, husked (brown) ranks 4258th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2019): Myanmar, $468M

Top Destination (2019): South Korea, $236M

Rice, husked (brown) are the world's 1371st most traded product.

In 2019, the top exporters of Rice, husked (brown) were Myanmar ($468M), Pakistan ($296M), United States ($177M), China ($139M), and Thailand ($120M).

In 2019, the top importers of Rice, husked (brown) were South Korea ($236M), China ($227M), United Kingdom ($163M), Belgium ($141M), and Netherlands ($88.4M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Myanmar, $260M

Top Destination Growth (2018 - 2019): China, $220M

Between 2018 and 2019, the exports of Rice, husked (brown) grew the fastest in Myanmar ($260M), United States ($61.8M), Pakistan ($59.6M), Paraguay ($21.6M), and Cambodia ($12.2M).

Between 2018 and 2019, the fastest growing importers of Rice, husked (brown) were China ($220M), Madagascar ($49.5M), Cote d'Ivoire ($29.2M), Brazil ($28.8M), and Italy ($22.3M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Rice, husked (brown).

In 2019,  market concentration measured using Shannon Entropy, was 3.8. This means that most of the exports of Rice, husked (brown) are explained by 13 countries.

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TOP NET EXPORTER (2019): Myanmar, $467M

TOP NET IMPORTER (2019): South Korea, $233M

This map shows which countries export or import more of Rice, husked (brown). Each country is colored based on the difference in exports and imports of Rice, husked (brown) during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Rice, husked (brown) were Myanmar ($467M), Pakistan ($296M), United States ($132M), Thailand ($118M), and India ($107M).

In 2019, the countries that had a largest trade value in imports than in exports of Rice, husked (brown) were South Korea ($233M), United Kingdom ($155M), Belgium ($118M), China ($88.4M), and Brazil ($71M).

Import Tariffs

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In 2018, the average tariff for importing Rice, husked (brown) was 10.3%.  The countries with the highest tariffs for importing Rice, husked (brown) were South Korea (511%), Colombia (77%), Tanzania (70.7%), Uganda (70.6%), and India (68.3%).

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Product Complexity

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Diversification Frontier

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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.