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2023
Exports $884MWorld Rnk 8 / 184
Flag Rnk 154 / 1216
2023
Destination $47.3M France
2022 - 2023
FASTEST GROWING MARKET $47.3MGermany
2023
PRODUCT COMPLEXITY IN Rice-2.01Rnk 999 / 1025
2023
Imports $296MWorld Rnk 35 / 223
Flag Rnk 344 / 1213
2023
Origin $25.4M Pakistan
2022 - 2023
FASTEST GROWING ORIGIN $25.4MPakistan
2023
ECONOMIC COMPLEXITY of Italy1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $884M in Rice, making it the 8th largest exporter of Rice in the world. At the same year, Rice was the 154th most exported product in Italy. The main destination of Rice exports from Italy are: France ($190M), Germany ($186M), United Kingdom ($89.2M), Netherlands ($45.5M), and Switzerland ($37.3M).

The fastest growing export markets for Rice of Italy between 2022 and 2023 were Germany ($47.3M), France ($24.6M), and United Kingdom ($9.5M).

Imports In 2023, Italy imported $296M in Rice, becoming the 35th largest importer of Rice in the world. At the same year, Rice was the 344th most imported product in Italy. Italy imports Rice primarily from: Pakistan ($108M), India ($40.8M), Thailand ($21.1M), Burma ($16.1M), and Cambodia ($15.8M).

The fastest growing import markets in Rice for Italy between 2022 and 2023 were Pakistan ($25.4M), India ($19M), and Belgium ($4.89M).

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

October 2024

About

Overview In October 2024 Italy's Rice exports accounted up to €73M and imports accounted up to €27M, resulting in a positive trade balance of €46M. Between October 2023 and October 2024 the exports of Italy's   Rice have increased by €11.2k (0.015%) from €73M to €73M, while imports increased by €6.8M (33.7%) from €20.2M to €27M.

Destinations In October 2024, Rice were exported mostly to France (€17.3M), Germany (€16.4M), Belgium (€4.42M), United Kingdom (€4.21M), and Netherlands (€3.55M), and were imported mostly from Pakistan (€9.58M), Thailand (€5.77M), Indonesia (€3.37M), Netherlands (€3.19M), and Spain (€1.31M).

Growth In October 2024, the increase in Rice's year-by-year exports was explained primarily by an increase in exports to Germany (€5.51M or 52%), France (€5.21M or 39.9%), and United Kingdom (€2.45M or 46.7%). In October 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 (October 2023 - October 2024)€11.2k(0.015%)
IMPORT GROWTH (October 2023 - October 2024)€6.8M(33.7%)
MAIN DESTINATION (October 2024)France€17.3M

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 (2023)$884M
IMPORTS (2023)$296M
NET TRADE (2023)$588M

In 2023, Italy exported $884M in Rice. The main destinations of Italy exports on Rice were France ($190M), Germany ($186M), United Kingdom ($89.2M), Netherlands ($45.5M), and Switzerland ($37.3M).

In 2023, Italy imported $296M in Rice, mainly from Pakistan ($108M), India ($40.8M), Thailand ($21.1M), Burma ($16.1M), and Cambodia ($15.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Italy WERE (2022 - 2023):
Germany$47.3M (34.1%)
France$24.6M (14.9%)
United Kingdom$9.5M (11.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Italy WERE (2022 - 2023):
Czechia-$8.23M (-24.5%)
Hungary-$2.7M (-22.1%)
Jordan-$2.69M (-46%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Rice were:
India $11.4B
Thailand $5.3B
Vietnam $3.88B
In 2023, Italy's main importing competitors in Rice were:
Indonesia $1.76B
Saudi Arabia $1.67B
Philippines $1.62B

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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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