2022
Exports
$92.1MWorld Rnk 25 / 176
Flag Rnk 179 / 1216
2022
PRODUCT COMPLEXITY IN Rice
-1.95Rnk 998 / 1025
2022
Imports
$214MWorld Rnk 51 / 221
Flag Rnk 112 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $92.1M in Rice, making it the 25th largest exporter of Rice in the world. At the same year, Rice was the 179th most exported product in Portugal. The main destination of Rice exports from Portugal are: Jordan ($37M), Spain ($13.3M), Saudi Arabia ($6.04M), United Kingdom ($5.2M), and Israel ($4.32M).

The fastest growing export markets for Rice of Portugal between 2021 and 2022 were Jordan ($12.1M), Saudi Arabia ($4.4M), and Spain ($1.97M).

Imports In 2022, Portugal imported $214M in Rice, becoming the 51st largest importer of Rice in the world. At the same year, Rice was the 112th most imported product in Portugal. Portugal imports Rice primarily from: Guyana ($117M), Spain ($29.7M), Brazil ($12.5M), Uruguay ($11.6M), and Pakistan ($11M).

The fastest growing import markets in Rice for Portugal between 2021 and 2022 were Guyana ($41.7M), Spain ($12.7M), and Brazil ($12.3M).

COMPANIES In 2023, leading companies such as Riviana Foods (11), IKEA Group (1), and Prime Line Coffee (1) were at the forefront of shipping Rice from Portugal to the United States.

Latest Trends

Oct 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)$92.1M
IMPORTS (2022)$214M
NET TRADE (2022)-$122M

In 2022, Portugal exported $92.1M in Rice. The main destinations of Portugal exports on Rice were Jordan ($37M), Spain ($13.3M), Saudi Arabia ($6.04M), United Kingdom ($5.2M), and Israel ($4.32M).

In 2022, Portugal imported $214M in Rice, mainly from Guyana ($117M), Spain ($29.7M), Brazil ($12.5M), Uruguay ($11.6M), and Pakistan ($11M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Jordan$12.1M (48.7%)
Saudi Arabia$4.4M (268%)
Spain$1.97M (17.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Portugal WERE (2021 - 2022):
United Kingdom-$1.39M (-21%)
France-$793k (-16.5%)
Belgium-$452k (-28.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Rice were:
India $11.1B
Vietnam $3.18B
In 2022, Portugal'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 POTENTIALSpain+ $2.97M
TOP IMPORT POTENTIALPakistan+ $4.21M

Rice’s highest export potential is Spain. With an export gap of $2.97M.   Rice’s highest import potential is Pakistan with an import gap of $4.21M.

See methodology.

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