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2022
Exports $28MWorld Rnk 44 / 176
Flag Rnk 614 / 1210
2022
Destination $5.66M United States
2021 - 2022
FASTEST GROWING MARKET $5.66MUnited States
2022
PRODUCT COMPLEXITY IN Rice-1.95Rnk 998 / 1025
2022
Imports $484MWorld Rnk 17 / 221
Flag Rnk 229 / 1213
2022
Origin $40.2M United States
2021 - 2022
FASTEST GROWING ORIGIN $40.2MThailand
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $28M in Rice, making it the 44th largest exporter of Rice in the world. At the same year, Rice was the 614th most exported product in Canada. The main destination of Rice exports from Canada are: United States ($26.8M), Mozambique ($468k), Singapore ($153k), Hong Kong ($81k), and Slovakia ($59.8k).

The fastest growing export markets for Rice of Canada between 2021 and 2022 were United States ($5.66M), Mozambique ($468k), and Singapore ($151k).

Imports In 2022, Canada imported $484M in Rice, becoming the 17th largest importer of Rice in the world. At the same year, Rice was the 229th most imported product in Canada. Canada imports Rice primarily from: United States ($233M), Thailand ($112M), India ($94.4M), Pakistan ($15.5M), and Vietnam ($9.42M).

The fastest growing import markets in Rice for Canada between 2021 and 2022 were Thailand ($40.2M), United States ($31.8M), and India ($29.6M).

COMPANIES In 2023, leading companies such as Costco Wholesale (7) were at the forefront of shipping Rice from Canada to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Canada's Rice exports accounted up to C$2.21M and imports accounted up to C$44.3M, resulting in a negative trade balance of C$42M. Between September 2023 and September 2024 the exports of Canada's   Rice have decreased by C$-617k (-21.8%) from C$2.83M to C$2.21M, while imports decreased by C$-12M (-21.3%) from C$56.2M to C$44.3M.

Destinations In September 2024, Rice were exported mostly to United States (C$2.16M), France (C$27.1k), Vietnam (C$16.2k), Israel (C$5.4k), and Barbados (C$2.85k), and were imported mostly from United States (C$17.2M), India (C$13.9M), Thailand (C$8.97M), Pakistan (C$860k), and Vietnam (C$665k).

Growth In September 2024, the decrease in Rice's year-by-year exports was explained primarily by a decrease in exports to Spain (C$-4.11k or -63%). In September 2024, the decrease in Rice's year-by-year imports was explained primarily by a decrease in imports from Thailand (C$-4.87M or -37%), China (C$-236k or -62.5%), and Hong Kong (C$-42.2k or -99.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)C$-617k(-21.8%)
IMPORT GROWTH (September 2023 - September 2024)C$-12M(-21.3%)
MAIN EXPORTER (September 2024)OntarioC$3.49M
MAIN DESTINATION (September 2024)United StatesC$2.16M

This section shows Rice's exports and imports data at subnational level for Canada. 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)$28M
IMPORTS (2022)$484M
NET TRADE (2022)-$456M

In 2022, Canada exported $28M in Rice. The main destinations of Canada exports on Rice were United States ($26.8M), Mozambique ($468k), Singapore ($153k), Hong Kong ($81k), and Slovakia ($59.8k).

In 2022, Canada imported $484M in Rice, mainly from United States ($233M), Thailand ($112M), India ($94.4M), Pakistan ($15.5M), and Vietnam ($9.42M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$5.66M (26.8%)
Mozambique$468k (1%)
Singapore$151k (6.26k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Canada WERE (2021 - 2022):
Angola-$256k (-92.7%)
India-$109k (-100%)
Israel-$100k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Rice were:
India $11.1B
Thailand $4.29B
Vietnam $3.18B
In 2022, Canada'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+ $11.2M
TOP IMPORT POTENTIALIndia+ $43.9M

Rice’s highest export potential is United States. With an export gap of $11.2M.   Rice’s highest import potential is India with an import gap of $43.9M.

See methodology.

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