Rice in Brazil | The Observatory of Economic Complexity

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Exports In 2022, Brazil exported $672M in Rice, making it the 10th largest exporter of Rice in the world. At the same year, Rice was the 50th most exported product in Brazil. The main destination of Rice exports from Brazil are: Mexico ($152M), Senegal ($84.6M), Venezuela ($79.1M), Costa Rica ($50M), and Cuba ($49.8M).

The fastest growing export markets for Rice of Brazil between 2021 and 2022 were Mexico ($144M), Senegal ($49.9M), and Venezuela ($27.7M).

Imports In 2022, Brazil imported $359M in Rice, becoming the 26th largest importer of Rice in the world. At the same year, Rice was the 136th most imported product in Brazil. Brazil imports Rice primarily from: Paraguay ($219M), Uruguay ($85.5M), Argentina ($43.5M), Italy ($9.4M), and Portugal ($1.07M).

The fastest growing import markets in Rice for Brazil between 2021 and 2022 were Uruguay ($31.8M), Paraguay ($26.7M), and Argentina ($13.7M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Rice from Brazil to the United States.

Latest Trends

February 2024

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Overview In February 2024 Brazil's Rice exports accounted up to $34.3M and imports accounted up to $58.1M, resulting in a negative trade balance of $23.8M. Between February 2023 and February 2024 the exports of Brazil's Rice have increased by $7.72M (29%) from $26.6M to $34.3M, while imports increased by $25.9M (80.7%) from $32.1M to $58.1M.

Destinations In February 2024, Rice were exported mostly to Gambia ($10.9M), Costa Rica ($9.75M), Senegal ($6.81M), United States ($2.06M), and Peru ($2M), and were imported mostly from Paraguay ($37.8M), Uruguay ($9.42M), Thailand ($5.25M), Argentina ($1.74M), and Suriname ($1.68M).

Growth In February 2024, the increase in Rice's year-by-year exports was explained primarily by an increase in exports to Senegal ($4.96M or 76.4%), Netherlands ($3.16M or 320k%), and Venezuela ($2.11M or 32.9%). In February 2024, the increase in Rice's year-by-year imports was explained primarily by an increase in imports from Uruguay ($13.1M or 455%), Paraguay ($11.4M or 194%), and Argentina ($7.37M or 3.22k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$7.72M(29%)

IMPORT GROWTH (February 2023 - February 2024)$25.9M(80.7%)

MAIN EXPORTER (February 2024)Rio Grande Do Sul$33.7M

MAIN DESTINATION (February 2024)Gambia$10.9M

This section shows Rice's exports and imports data at subnational level for Brazil. 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)$672M

IMPORTS (2022)$359M

NET TRADE (2022)$312M

In 2022, Brazil exported $672M in Rice. The main destinations of Brazil exports on Rice were Mexico ($152M), Senegal ($84.6M), Venezuela ($79.1M), Costa Rica ($50M), and Cuba ($49.8M).

In 2022, Brazil imported $359M in Rice, mainly from Paraguay ($219M), Uruguay ($85.5M), Argentina ($43.5M), Italy ($9.4M), and Portugal ($1.07M).

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