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Exports In 2023, Iceland exported $97.1k in Rice, making it the 123rd largest exporter of Rice in the world. At the same year, Rice was the 358th most exported product in Iceland. The main destination of Rice exports from Iceland are: United Arab Emirates ($75k), Austria ($18.5k), Denmark ($3.27k), Greenland ($199), and Ireland ($51).

The fastest growing export markets for Rice of Iceland between 2022 and 2023 were United Arab Emirates ($74.8k), Austria ($18.5k), and Ireland ($51).

Imports In 2023, Iceland imported $3.24M in Rice, becoming the 170th largest importer of Rice in the world. At the same year, Rice was the 338th most imported product in Iceland. Iceland imports Rice primarily from: Thailand ($934k), India ($551k), Italy ($485k), United States ($219k), and Pakistan ($169k).

The fastest growing import markets in Rice for Iceland between 2022 and 2023 were Italy ($170k), India ($80.4k), and Denmark ($41.1k).

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)$97.1k
IMPORTS (2023)$3.24M
NET TRADE (2023)-$3.14M

In 2023, Iceland exported $97.1k in Rice. The main destinations of Iceland exports on Rice were United Arab Emirates ($75k), Austria ($18.5k), Denmark ($3.27k), Greenland ($199), and Ireland ($51).

In 2023, Iceland imported $3.24M in Rice, mainly from Thailand ($934k), India ($551k), Italy ($485k), United States ($219k), and Pakistan ($169k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Iceland WERE (2022 - 2023):
United Arab Emirates$74.8k (30.7k%)
Austria$18.5k (1%)
Ireland$51 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Iceland WERE (2022 - 2023):
Greenland-$1.7k (-89.5%)
Denmark-$288 (-8.1%)
Bahamas-$21 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Type
In 2023, Iceland's main exporting competitors in Rice were:
In 2023, 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.

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