Rice in Spain | The Observatory of Economic Complexity

About

Exports In 2022, Spain exported $254M in Rice, making it the 16th largest exporter of Rice in the world. At the same year, Rice was the 294th most exported product in Spain. The main destination of Rice exports from Spain are: Belgium ($53.6M), United Kingdom ($36.8M), France ($33M), Portugal ($29.7M), and United States ($18.4M).

The fastest growing export markets for Rice of Spain between 2021 and 2022 were France ($13.9M), Portugal ($12.7M), and Germany ($7.16M).

Imports In 2022, Spain imported $277M in Rice, becoming the 39th largest importer of Rice in the world. At the same year, Rice was the 301st most imported product in Spain. Spain imports Rice primarily from: Burma ($60.8M), Pakistan ($46.5M), Argentina ($40.4M), Italy ($15.5M), and Thailand ($15M).

The fastest growing import markets in Rice for Spain between 2021 and 2022 were Burma ($37.5M), Argentina ($24.7M), and Pakistan ($21.6M).

COMPANIES In 2023, leading companies such as RIVIANA FOODS INC (2.46k) and H&M HENNES & MAURITZ L.P (245) were at the forefront of shipping Rice from Spain to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Spain's Rice exports accounted up to €14M and imports accounted up to €15.5M, resulting in a negative trade balance of €1.54M. Between January 2023 and January 2024 the exports of Spain's Rice have decreased by €-1.27M (-8.36%) from €15.2M to €14M, while imports decreased by €-3.18M (-17%) from €18.7M to €15.5M.

Destinations In January 2024, Rice were exported mostly to France (€3.26M), Belgium (€2.21M), United States (€1.79M), United Kingdom (€1.07M), and Portugal (€820k), and were imported mostly from Uruguay (€4.53M), Italy (€1.93M), Greece (€1.59M), Burma (€1.13M), and Portugal (€1.11M).

Growth In January 2024, the decrease in Rice's year-by-year exports was explained primarily by a decrease in exports to Finland (€-657k or -98.1%), Greece (€-551k or -77.3%), and Belgium (€-322k or -14.5%). In January 2024, the decrease in Rice's year-by-year imports was explained primarily by a decrease in imports from United States (€-987k or -99.7%), Thailand (€-673k or -47.9%), and Paraguay (€-361k or -99.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€-1.27M(-8.36%)

IMPORT GROWTH (January 2023 - January 2024)€-3.18M(-17%)

MAIN EXPORTER (January 2024)Valencia€7.95M

MAIN DESTINATION (January 2024)France€3.26M

This section shows Rice's exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Rice over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$254M

IMPORTS (2022)$277M

NET TRADE (2022)-$22.3M

In 2022, Spain exported $254M in Rice. The main destinations of Spain exports on Rice were Belgium ($53.6M), United Kingdom ($36.8M), France ($33M), Portugal ($29.7M), and United States ($18.4M).

In 2022, Spain imported $277M in Rice, mainly from Burma ($60.8M), Pakistan ($46.5M), Argentina ($40.4M), Italy ($15.5M), and Thailand ($15M).

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