2023
Exports
$14.1MWorld Rnk 46 / 184
Flag Rnk 97 / 945
2023
PRODUCT COMPLEXITY IN Rice
-2.01Rnk 999 / 1025
2023
Imports
$158MWorld Rnk 58 / 223
Flag Rnk 89 / 1162
2023
ECONOMIC COMPLEXITY of Bangladesh
-1.03Rnk 113 / 132

About

Exports In 2023, Bangladesh exported $14.1M in Rice, making it the 46th largest exporter of Rice in the world. At the same year, Rice was the 97th most exported product in Bangladesh. The main destination of Rice exports from Bangladesh are: Saudi Arabia ($4.07M), United States ($3.49M), United Arab Emirates ($1.07M), Canada ($862k), and Italy ($820k).

The fastest growing export markets for Rice of Bangladesh between 2022 and 2023 were United Arab Emirates ($485k), Canada ($288k), and United States ($234k).

Imports In 2023, Bangladesh imported $158M in Rice, becoming the 58th largest importer of Rice in the world. At the same year, Rice was the 89th most imported product in Bangladesh. Bangladesh imports Rice primarily from: India ($83.2M), Thailand ($51M), Burma ($20.4M), China ($2.61M), and Pakistan ($784k).

The fastest growing import markets in Rice for Bangladesh between 2022 and 2023 were Thailand ($14.3M), United States ($21.2k), and Brazil ($1.83k).

COMPANIES In 2024, leading companies such as Bass Pro Shops (14), Loblaws Supermarkets (6), and PVH (Phillips-Van Heusen Corporation) (1) were at the forefront of shipping Rice from Bangladesh to the United States.

Latest Trends

Dec 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 (2023)$14.1M
IMPORTS (2023)$158M
NET TRADE (2023)-$144M

In 2023, Bangladesh exported $14.1M in Rice. The main destinations of Bangladesh exports on Rice were Saudi Arabia ($4.07M), United States ($3.49M), United Arab Emirates ($1.07M), Canada ($862k), and Italy ($820k).

In 2023, Bangladesh imported $158M in Rice, mainly from India ($83.2M), Thailand ($51M), Burma ($20.4M), China ($2.61M), and Pakistan ($784k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Bangladesh WERE (2022 - 2023):
Canada$288k (50.2%)
United States$234k (7.19%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Bangladesh WERE (2022 - 2023):
India-$2.81M (-100%)
Pakistan-$1.1M (-100%)
Saudi Arabia-$277k (-6.38%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bangladesh's main exporting competitors in Rice were:
In 2023, Bangladesh'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+ $2.43M
TOP IMPORT POTENTIALIndia+ $117M

Rice’s highest export potential is United States. With an export gap of $2.43M.   Rice’s highest import potential is India with an import gap of $117M.

See methodology.

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