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Rice: top exporters and importers (2024)

In 2024, world trade in rice totaled $38.8 billion (61.7 million tonnes). The top exporters were India (29%), Thailand (17%) and Vietnam (11%); the top importers were Indonesia (7%), the Philippines (6%) and Saudi Arabia (5%). Compared with 2019, the value rose 48%.

Summary

World trade
$38.8billion
Tonnes
61.7million tonnes
Price per tonne
$629
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. India$11.4 billion · 29.3%
    see destinations
  2. Thailand$6.7 billion · 17.2%
    see destinations
  3. Vietnam$4.1 billion · 10.5%
    see destinations
  4. Pakistan$3.9 billion · 10.1%
    see destinations
  5. United States$2.5 billion · 6.5%
    see destinations
  6. Cambodia$1.9 billion · 4.9%
    see destinations
  7. Myanmar$1.4 billion · 3.6%
  8. China$965 million · 2.5%
  9. Italy$845 million · 2.2%
  10. Brazil$585 million · 1.5%
  11. Uruguay$575 million · 1.5%
  12. Paraguay$443 million · 1.1%
  13. Belgium$308 million · 0.79%
    re-exports
  14. Tanzania$296 million · 0.76%
  15. Guyana$273 million · 0.7%
  16. Netherlands$255 million · 0.66%
    re-exports
  17. Argentina$236 million · 0.61%
  18. Australia$219 million · 0.56%
  19. Spain$197 million · 0.51%
  20. Turkey$196 million · 0.51%

Top importers

  1. Indonesia$2.7 billion · 7%
    see sources
  2. Philippines$2.5 billion · 6.4%
    see sources
  3. Saudi Arabia$2 billion · 5.1%
    see sources
  4. Vietnam$1.7 billion · 4.4%
    see sources
  5. Iraq$1.6 billion · 4.2%
    see sources
  6. United States$1.6 billion · 4.1%
    see sources
  7. Malaysia$1.1 billion · 2.8%
  8. Côte d'Ivoire$1 billion · 2.6%
  9. China$918 million · 2.4%
  10. Benin$902 million · 2.3%
  11. United Kingdom$716 million · 1.8%
  12. Iran$701 million · 1.8%
  13. Brazil$692 million · 1.8%
  14. France$687 million · 1.8%
  15. United Arab Emirates$678 million · 1.8%
  16. South Africa$639 million · 1.6%
  17. Japan$620 million · 1.6%
  18. Yemen$588 million · 1.5%
  19. Mexico$548 million · 1.4%
  20. Senegal$532 million · 1.4%

Trend

Who sells it

India has been the top exporter since 2012

Value in USD billions. The five largest exporters in 2024.

  • India 11.4
  • Thailand 6.7
  • Vietnam 4.1
  • Pakistan 3.9
  • United States 2.5

Source: CEPII BACI

Show the numbers
Country19952024
India1.211.4
Thailand1.86.7
Vietnam0.324.1
Pakistan0.253.9
United States1.12.5

Price

Implied price

The price per tonne rose 79% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $629

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$352
1996$395
1997$408
1998$235
1999$338
2000$97
2001$65
2002$80
2003$241
2004$358
2005$356
2006$358
2007$430
2008$722
2009$641
2010$615
2011$648
2012$625
2013$645
2014$631
2015$568
2016$548
2017$552
2018$588
2019$557
2020$585
2021$562
2022$590
2023$660
2024$629

What it includes

  • 1006 · Rice

Products in the same chapter

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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