2023
Exports
$2.91MWorld Rnk 74 / 184
Flag Rnk 815 / 1189
2023
PRODUCT COMPLEXITY IN Rice
-2.01Rnk 999 / 1025
2023
Imports
$407MWorld Rnk 27 / 223
Flag Rnk 215 / 1209
2023
ECONOMIC COMPLEXITY of Mexico
1.09Rnk 25 / 132

About

Exports In 2023, Mexico exported $2.91M in Rice, making it the 74th largest exporter of Rice in the world. At the same year, Rice was the 815th most exported product in Mexico. The main destination of Rice exports from Mexico are: United States ($1.83M), Cuba ($770k), Colombia ($224k), Canada ($38k), and Slovakia ($24.5k).

The fastest growing export markets for Rice of Mexico between 2022 and 2023 were Colombia ($224k), Slovakia ($24.5k), and Cuba ($20.6k).

Imports In 2023, Mexico imported $407M in Rice, becoming the 27th largest importer of Rice in the world. At the same year, Rice was the 215th most imported product in Mexico. Mexico imports Rice primarily from: United States ($244M), Brazil ($92.4M), Uruguay ($45.7M), Thailand ($16M), and Argentina ($7.04M).

The fastest growing import markets in Rice for Mexico between 2022 and 2023 were United States ($80M), Thailand ($15.3M), and Italy ($313k).

COMPANIES In 2024, leading companies such as Riviana Foods (14) were at the forefront of shipping Rice from Mexico 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)$2.91M
IMPORTS (2023)$407M
NET TRADE (2023)-$404M

In 2023, Mexico exported $2.91M in Rice. The main destinations of Mexico exports on Rice were United States ($1.83M), Cuba ($770k), Colombia ($224k), Canada ($38k), and Slovakia ($24.5k).

In 2023, Mexico imported $407M in Rice, mainly from United States ($244M), Brazil ($92.4M), Uruguay ($45.7M), Thailand ($16M), and Argentina ($7.04M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Mexico WERE (2022 - 2023):
Colombia$224k (1%)
Slovakia$24.5k (1%)
Cuba$20.6k (2.75%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Mexico WERE (2022 - 2023):
El Salvador-$1.34M (-100%)
United States-$641k (-25.9%)
Belgium-$93.2k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mexico's main exporting competitors in Rice were:
In 2023, Mexico'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 POTENTIALUnited States+ $2.3M
TOP IMPORT POTENTIALIndia+ $4.32M

Rice’s highest export potential is United States. With an export gap of $2.3M.   Rice’s highest import potential is India with an import gap of $4.32M.

See methodology.

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