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2022
Exports $672MWorld Rnk 10 / 176
Flag Rnk 50 / 1206
2022
Destination $144M Mexico
2021 - 2022
FASTEST GROWING MARKET $144MMexico
2022
PRODUCT COMPLEXITY IN Rice-1.95Rnk 998 / 1025
2022
Imports $359MWorld Rnk 26 / 221
Flag Rnk 136 / 1198
2022
Origin $31.8M Paraguay
2021 - 2022
FASTEST GROWING ORIGIN $31.8MUruguay
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

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).

Latest Trends

October 2024

About

Overview In October 2024 Brazil's Rice exports accounted up to $47.2M and imports accounted up to $58.5M, resulting in a negative trade balance of $11.3M. Between October 2023 and October 2024 the exports of Brazil's   Rice have decreased by $-18.5M (-28.1%) from $65.6M to $47.2M, while imports increased by $5.02M (9.39%) from $53.5M to $58.5M.

Destinations In October 2024, Rice were exported mostly to Costa Rica ($19.4M), Senegal ($7.92M), Gambia ($3.82M), Sierra Leone ($3.05M), and Netherlands ($2.95M), and were imported mostly from Uruguay ($22.9M), Paraguay ($20.6M), Argentina ($11M), Thailand ($2.69M), and Italy ($934k).

Growth In October 2024, the decrease in Rice's year-by-year exports was explained primarily by a decrease in exports to Peru ($-10.7M or -95.8%), Portugal ($-5.21M or -100%), and Spain ($-2.15M or -32.5%). In October 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
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-18.5M(-28.1%)
IMPORT GROWTH (October 2023 - October 2024)$5.02M(9.39%)
MAIN EXPORTER (October 2024)Rio Grande Do Sul$65.7M
MAIN DESTINATION (October 2024)Costa Rica$19.4M

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
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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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Mexico$144M (1.72k%)
Senegal$49.9M (143%)
Venezuela$27.7M (53.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Brazil WERE (2021 - 2022):
Peru-$21.1M (-35.9%)
Netherlands-$13.6M (-38.4%)
Switzerland-$13.4M (-64.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Rice were:
India $11.1B
Thailand $4.29B
Vietnam $3.18B
In 2022, Brazil's main importing competitors in Rice were:
China $2.46B
Philippines $1.63B
Saudi Arabia $1.23B

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Trade Value of Rice by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $18.9M
TOP IMPORT POTENTIALArgentina+ $4.85M

Rice’s highest export potential is United States. With an export gap of $18.9M.   Rice’s highest import potential is Argentina with an import gap of $4.85M.

See methodology.

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