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2022
Exports $779MWorld Rnk 9 / 176
Flag Rnk 175 / 1217
2022
Destination $21.3M France
2021 - 2022
FASTEST GROWING MARKET $21.3MGermany
2022
PRODUCT COMPLEXITY IN Rice-1.95Rnk 998 / 1025
2022
Imports $339MWorld Rnk 27 / 221
Flag Rnk 318 / 1215
2022
Origin $65.4M Pakistan
2021 - 2022
FASTEST GROWING ORIGIN $65.4MBurma
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $779M in Rice, making it the 9th largest exporter of Rice in the world. At the same year, Rice was the 175th most exported product in Italy. The main destination of Rice exports from Italy are: France ($175M), Germany ($158M), United Kingdom ($71.2M), Netherlands ($34.1M), and Czechia ($31.7M).

The fastest growing export markets for Rice of Italy between 2021 and 2022 were Germany ($21.3M), United Kingdom ($11.7M), and France ($9.14M).

Imports In 2022, Italy imported $339M in Rice, becoming the 27th largest importer of Rice in the world. At the same year, Rice was the 318th most imported product in Italy. Italy imports Rice primarily from: Pakistan ($82.5M), Burma ($66.8M), Guyana ($27.2M), Vietnam ($25.1M), and Thailand ($18.9M).

The fastest growing import markets in Rice for Italy between 2021 and 2022 were Burma ($65.4M), Vietnam ($19.3M), and Guyana ($10.6M).

COMPANIES In 2023, leading companies such as Prime Line Coffee (118) and Riviana Foods (3) were at the forefront of shipping Rice from Italy to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Italy's Rice exports accounted up to €70.5M and imports accounted up to €36M, resulting in a positive trade balance of €34.5M. Between July 2023 and July 2024 the exports of Italy's   Rice have decreased by €-2.48M (-3.4%) from €72.9M to €70.5M, while imports increased by €19.1M (113%) from €16.9M to €36M.

Destinations In July 2024, Rice were exported mostly to France (€17.4M), Germany (€15.5M), United Kingdom (€4.26M), Belgium (€3.31M), and Spain (€3.03M), and were imported mostly from Pakistan (€11.2M), Burma (€9.57M), Indonesia (€3.16M), Netherlands (€2.4M), and Spain (€2.01M).

Growth In July 2024, the decrease in Rice's year-by-year exports was explained primarily by a decrease in exports to Spain (€-1.22M or -43%), Czechia (€-287k or -11%), and Australia (€-223k or -42.2%). In July 2024, the increase in Rice's year-by-year imports was explained primarily by an increase in imports from Pakistan (€9.03M or 273%), Indonesia (€3.13M or 321%), and Spain (€760k or 379%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€-2.48M(-3.4%)
IMPORT GROWTH (July 2023 - July 2024)€19.1M(113%)
MAIN DESTINATION (July 2024)France€17.4M

This section shows Rice's exports and imports data at subnational level for Italy. 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)$779M
IMPORTS (2022)$339M
NET TRADE (2022)$441M

In 2022, Italy exported $779M in Rice. The main destinations of Italy exports on Rice were France ($175M), Germany ($158M), United Kingdom ($71.2M), Netherlands ($34.1M), and Czechia ($31.7M).

In 2022, Italy imported $339M in Rice, mainly from Pakistan ($82.5M), Burma ($66.8M), Guyana ($27.2M), Vietnam ($25.1M), and Thailand ($18.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Germany$21.3M (15.7%)
United Kingdom$11.7M (19.7%)
France$9.14M (5.52%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Italy WERE (2021 - 2022):
Turkey-$11.1M (-65.7%)
Jordan-$10.5M (-68.3%)
Spain-$5.07M (-24.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Rice were:
India $11.1B
Thailand $4.29B
Vietnam $3.18B
In 2022, Italy'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+ $14.3M
TOP IMPORT POTENTIALIndia+ $26.5M

Rice’s highest export potential is United States. With an export gap of $14.3M.   Rice’s highest import potential is India with an import gap of $26.5M.

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