• Analysis and Studies
• Rice: import and export

Rice is a cereal grain and in its domesticated form is the staple food for over half of the world’s human population, particularly in Asia and Africa, due to the vast amount of soil that is able to grow rice. In 2021 world production of rice was 787 million tonnes, led by China and India with a combined 52% of the total. This placed rice fourth in the list of crops by production, after surgarcane, maize, and wheat. Other major producers were Bangladesh, Indonesia and Vietnam. 90% of world production is from Asia.

RICE PRODUCTION - 2021

Moreover, rice plays pivotal role in certain religions and popular beliefs. In Hindu wedding ceremonies, rice, denoting fertility, prosperity, and purity, is thrown into the sacred fire, a custom modified in Western weddings, where people throw rice. In japan and the Philippines, rice wine is used for weddings and other celebrations.

Economy overview

In 2018, Rice were the world's 1488^th most traded product, with a total trade of $22.6B. Between 2017 and 2018 the exports of Rice grew by 118%, from $10.4B to $22.6B. Trade in Rice represent 0.12% of total world trade.

Exports 

In 2018 the top exporters of Rice  were India ($7.35B), Thailand ($5.62B), Pakistan ($2B), United States ($1.69B), and Burma ($922M).

Imports

In 2018 the top importers of Rice were Iran ($1.4B), China ($1.22B), Saudi Arabia ($1.19B), Benin ($940M), and United States ($881M).

Rice at a glance

Top Origin (2018):    India    $7.35B

Top Destination (2018):   Iran    $1.4B

Top Origin Growth (2017 -  2018):   Thailand    $5.62B

Top Destination Growth (2017 -  2018):   Saudi Arabia    $1.19B

Fonti: 

 https://oec.world/en 

https://data.worldbank.org/

https://www.trademap.org/