2023
Exports
$11.4BWorld Rnk 1 / 184
Flag Rnk 6 / 1212
2023
PRODUCT COMPLEXITY IN Rice
-2.01Rnk 999 / 1025
2023
Imports
$7.64MWorld Rnk 154 / 223
Flag Rnk 888 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $11.4B in Rice, making it the 1st largest exporter of Rice in the world. At the same year, Rice was the 6th most exported product in India. The main destination of Rice exports from India are: Saudi Arabia ($1.29B), Iran ($734M), Iraq ($733M), Benin ($518M), and United Arab Emirates ($463M).

The fastest growing export markets for Rice of India between 2022 and 2023 were Iraq ($379M), Saudi Arabia ($274M), and Kenya ($164M).

Imports In 2023, India imported $7.64M in Rice, becoming the 154th largest importer of Rice in the world. At the same year, Rice was the 888th most imported product in India. India imports Rice primarily from: Thailand ($2.35M), Sri Lanka ($944k), Italy ($586k), Lebanon ($571k), and United Arab Emirates ($511k).

The fastest growing import markets in Rice for India between 2022 and 2023 were Sri Lanka ($862k), Lebanon ($458k), and Netherlands ($415k).

COMPANIES In 2023, leading companies such as Riviana Foods (87), Walmart (18), and Loblaws Supermarkets (9) were at the forefront of shipping Rice from India 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)$11.4B
IMPORTS (2023)$7.64M
NET TRADE (2023)$11.4B

In 2023, India exported $11.4B in Rice. The main destinations of India exports on Rice were Saudi Arabia ($1.29B), Iran ($734M), Iraq ($733M), Benin ($518M), and United Arab Emirates ($463M).

In 2023, India imported $7.64M in Rice, mainly from Thailand ($2.35M), Sri Lanka ($944k), Italy ($586k), Lebanon ($571k), and United Arab Emirates ($511k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR India WERE (2022 - 2023):
Iraq$379M (107%)
Saudi Arabia$274M (26.9%)
Kenya$164M (153%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY India WERE (2022 - 2023):
China-$654M (-88.8%)
Iran-$401M (-35.3%)
Sri Lanka-$249M (-95.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Rice were:
In 2023, India'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 POTENTIALChina+ $534M
TOP IMPORT POTENTIALThailand+ $3.11M

Rice’s highest export potential is China. With an export gap of $534M.   Rice’s highest import potential is Thailand with an import gap of $3.11M.

See methodology.

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