Rice in United States | The Observatory of Economic Complexity

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Exports In 2023, United States exported $2.05B in Rice, making it the 5th largest exporter of Rice in the world. At the same year, Rice was the 148th most exported product in United States. The main destination of Rice exports from United States are: Japan ($387M), Haiti ($264M), Mexico ($244M), Canada ($197M), and Iraq ($149M).

The fastest growing export markets for Rice of United States between 2022 and 2023 were Iraq ($89.8M), Mexico ($80M), and Honduras ($35M).

Imports In 2023, United States imported $1.41B in Rice, becoming the 4th largest importer of Rice in the world. At the same year, Rice was the 296th most imported product in United States. United States imports Rice primarily from: N/A.

The fastest growing import markets in Rice for United States between 2022 and 2023 were India ($22.8M), Pakistan ($16.4M), and China ($11.1M).

COMPANIES In 2023, leading companies such as Riviana Foods (1.33k), Walong Marketing (547), and Loblaws Supermarkets (248) were at the forefront of shipping Rice to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Rice exports accounted up to $173M and imports accounted up to $115M, resulting in a positive trade balance of $58.5M. Between November 2023 and November 2024 the exports of United States' Rice have decreased by $-22.7M (-11.6%) from $196M to $173M, while imports decreased by $-17.3M (-13.1%) from $132M to $115M.

Destinations In November 2024, Rice were exported mostly to Haiti ($30.7M), Mexico ($25.6M), Japan ($25.5M), Saudi Arabia ($14.4M), and Canada ($14.3M), and were imported mostly from Thailand ($55.4M), India ($33.9M), Argentina ($6.61M), Vietnam ($3.88M), and Pakistan ($3.51M).

Growth In November 2024, the decrease in Rice's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-22.4M or -66.7%), Haiti ($-21.8M or -52.7%), and Guatemala ($-2.44M or -29.1%). In November 2024, the decrease in Rice's year-by-year imports was explained primarily by a decrease in imports from Mexico ($-165k or -54.2%), Peru ($-37.7k or -56.3%), and Haiti ($-28.1k or -76.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)$-22.7M(-11.6%)

IMPORT GROWTH (November 2023 - November 2024)$-17.3M(-13.1%)

MAIN EXPORTER (November 2024)Louisiana$132M

MAIN DESTINATION (November 2024)Haiti$30.7M

This section shows Rice's exports and imports data at subnational level for United States. 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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$2.05B

IMPORTS (2023)$1.41B

NET TRADE (2023)$633M

In 2023, United States exported $2.05B in Rice. The main destinations of United States exports on Rice were Japan ($387M), Haiti ($264M), Mexico ($244M), Canada ($197M), and Iraq ($149M).

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