2022
Exports
$204MWorld Rnk 18 / 176
Flag Rnk 106 / 1208
2022
PRODUCT COMPLEXITY IN Rice
-1.95Rnk 998 / 1025
2022
Imports
$243MWorld Rnk 44 / 221
Flag Rnk 199 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $204M in Rice, making it the 18th largest exporter of Rice in the world. At the same year, Rice was the 106th most exported product in Australia. The main destination of Rice exports from Australia are: Israel ($37.3M), Kuwait ($25.4M), United States ($24.5M), Japan ($24.1M), and South Korea ($24.1M).

The fastest growing export markets for Rice of Australia between 2021 and 2022 were Kuwait ($25.3M), United States ($24.3M), and Japan ($23.5M).

Imports In 2022, Australia imported $243M in Rice, becoming the 44th largest importer of Rice in the world. At the same year, Rice was the 199th most imported product in Australia. Australia imports Rice primarily from: India ($76.1M), Thailand ($70M), Vietnam ($30.7M), Pakistan ($22.9M), and Chinese Taipei ($7.91M).

The fastest growing import markets in Rice for Australia between 2021 and 2022 were India ($20.8M), Thailand ($15.7M), and Pakistan ($8.36M).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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

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

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$204M
IMPORTS (2022)$243M
NET TRADE (2022)-$38.2M

In 2022, Australia exported $204M in Rice. The main destinations of Australia exports on Rice were Israel ($37.3M), Kuwait ($25.4M), United States ($24.5M), Japan ($24.1M), and South Korea ($24.1M).

In 2022, Australia imported $243M in Rice, mainly from India ($76.1M), Thailand ($70M), Vietnam ($30.7M), Pakistan ($22.9M), and Chinese Taipei ($7.91M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Australia WERE (2021 - 2022):
Kuwait$25.3M (22.4k%)
United States$24.3M (15.5k%)
Japan$23.5M (3.66k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Australia WERE (2021 - 2022):
Saudi Arabia-$10.8M (-100%)
Kiribati-$801k (-100%)
Mongolia-$126k (-70.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Rice were:
India $11.1B
Vietnam $3.18B
In 2022, Australia's main importing competitors in Rice were:

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Trade Value of Rice by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.04M
TOP IMPORT POTENTIALIndia+ $28.7M

Rice’s highest export potential is United States. With an export gap of $6.04M.   Rice’s highest import potential is India with an import gap of $28.7M.

See methodology.

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