2023
Exports
$281MWorld Rnk 15 / 184
Flag Rnk 83 / 1208
2023
PRODUCT COMPLEXITY IN Rice
-2.01Rnk 999 / 1025
2023
Imports
$226MWorld Rnk 43 / 223
Flag Rnk 203 / 1207
2023
ECONOMIC COMPLEXITY of Australia
-0.28Rnk 75 / 132

About

Exports In 2023, Australia exported $281M in Rice, making it the 15th largest exporter of Rice in the world. At the same year, Rice was the 83rd most exported product in Australia. The main destination of Rice exports from Australia are: Japan ($63.8M), Saudi Arabia ($53.3M), Israel ($38M), Jordan ($25.5M), and United States ($20.3M).

The fastest growing export markets for Rice of Australia between 2022 and 2023 were Japan ($36.6M), Jordan ($9.14M), and Portugal ($5.71M).

Imports In 2023, Australia imported $226M in Rice, becoming the 43rd largest importer of Rice in the world. At the same year, Rice was the 203rd most imported product in Australia. Australia imports Rice primarily from: India ($79.4M), Thailand ($58.5M), Vietnam ($32M), Pakistan ($16.8M), and Chinese Taipei ($9.27M).

The fastest growing import markets in Rice for Australia between 2022 and 2023 were Cambodia ($435k), Sri Lanka ($337k), and Chinese Taipei ($281k).

Historical Data

Trade Balance

Color
EXPORTS (2023)$281M
IMPORTS (2023)$226M
NET TRADE (2023)$55.4M

In 2023, Australia exported $281M in Rice. The main destinations of Australia exports on Rice were Japan ($63.8M), Saudi Arabia ($53.3M), Israel ($38M), Jordan ($25.5M), and United States ($20.3M).

In 2023, Australia imported $226M in Rice, mainly from India ($79.4M), Thailand ($58.5M), Vietnam ($32M), Pakistan ($16.8M), and Chinese Taipei ($9.27M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Australia WERE (2022 - 2023):
Japan$36.6M (134%)
Jordan$9.14M (56%)
Portugal$5.71M (63.4M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Australia WERE (2022 - 2023):
South Korea-$27.1M (-100%)
Israel-$4.47M (-10.5%)
United States-$4.16M (-17%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Australia's main exporting competitors in Rice were:
In 2023, 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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