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Exports In 2022, Iceland exported $5.69k in Rice, making it the 149th largest exporter of Rice in the world. At the same year, Rice was the 633rd most exported product in Iceland. The main destination of Rice exports from Iceland are: Denmark ($3.56k), Greenland ($1.9k), United Arab Emirates ($216), and Bahamas ($18).

The fastest growing export markets for Rice of Iceland between 2021 and 2022 were Greenland ($195) and Bahamas ($18).

Imports In 2022, Iceland imported $3.79M in Rice, becoming the 170th largest importer of Rice in the world. At the same year, Rice was the 303rd most imported product in Iceland. Iceland imports Rice primarily from: Thailand ($956k), United Kingdom ($585k), India ($470k), Denmark ($307k), and Italy ($282k).

The fastest growing import markets in Rice for Iceland between 2021 and 2022 were Thailand ($406k), United Kingdom ($284k), and Italy ($222k).

Latest Trends

Sep 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 (2022)$5.69k
IMPORTS (2022)$3.79M
NET TRADE (2022)-$3.79M

In 2022, Iceland exported $5.69k in Rice. The main destinations of Iceland exports on Rice were Denmark ($3.56k), Greenland ($1.9k), United Arab Emirates ($216), and Bahamas ($18).

In 2022, Iceland imported $3.79M in Rice, mainly from Thailand ($956k), United Kingdom ($585k), India ($470k), Denmark ($307k), and Italy ($282k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Greenland$195 (11.4%)
Bahamas$18 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Iceland WERE (2021 - 2022):
United Arab Emirates-$70.3k (-99.7%)
Denmark-$2.49k (-41.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iceland's main exporting competitors in Rice were:
India $11.1B
Vietnam $3.18B
In 2022, Iceland's main importing competitors in Rice were:

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Trade Value of Rice by Exporters

Potential Exports

Potential Exports

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Rice’s highest export potential is N/A. With an export gap of N/A.   Rice’s highest import potential is N/A with an import gap of N/A.

See methodology.

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