Analysis and Studies - Products analysis
Rice: Import - Export Data
March 21st 2022
The following article presents the latest information about trade and it takes as a base year 2019, the latest available year excluding pandemic conditions.
In 2019, Rice were the world's 154th most traded product, with a total trade of $24.7B. Between 2018 and 2019 the exports of Rice decreased by -7.23%, from $26.6B to $24.7B. Trade in Rice represented 0.14% of total world trade.
EXPORTS
In 2019 the top exporters of Rice were India ($6.9B), Thailand ($4.35B), Vietnam ($2.44B), Pakistan ($2.25B), and United States ($1.89B).
IMPORTS
In 2019 the top importers of Rice were Iran ($1.47B), China ($1.43B), Saudi Arabia ($1.36B), Philippines ($1.15B), and United States ($1.02B).
TARIFFS
In 2018 the average tariff for Rice was 10.3%, making it the 399th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Rice are South Korea (511%), Japan (274%), Taiwan (248%), Burundi (73.6%), and Uganda (73.6%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Madagascar (0%), Mauritius (0%), and South Africa (0%).
Source: OEC Observatory of Economic Complexity
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