China dominates global rice imports with a 9.12 thousand metric tons share in 2024, growing by 2.69% year-on-year. Indonesia follows, despite a 0.66% decline. The Philippines and Nigeria face significant decreases at -1.07% and -8.56%, respectively. Notable growth is observed in Bangladesh, Mozambique, Mali, and Papua New Guinea, all witnessing substantial increases year-on-year. The United States maintains a steady, marginal growth rate of 0.41%. These variations spotlight shifting global demands and supply considerations.
Future trends to watch include continued growth in African imports and potential geopolitical impacts on Asian supplies. Monitoring these shifts will be crucial for global market stakeholders.
Top countries in Rice and products Import Volume Share by Country (Thousand Metric Tons)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 China | 9.12 | 2023 | +1.03% | +2.69% | View data |
2 | 2 Indonesia | 5.13 | 2023 | +4.06% | -0.66% | View data |
3 | 3 Ivory Coast | 4.22 | 2023 | +2.41% | +2.05% | View data |
4 | 4 Benin | 4.11 | 2023 | +1.55% | +1.75% | View data |
5 | 5 Philippines | 3.91 | 2023 | +2.36% | -1.07% | View data |
6 | 6 Iran | 3.22 | 2023 | +0.67% | +0.12% | View data |
7 | 7 Senegal | 2.98 | 2023 | +0.98% | +0.31% | View data |
8 | 8 Bangladesh | 2.86 | 2023 | +2.02% | +4.61% | View data |
9 | 9 South Africa | 2.66 | 2023 | +1.28% | +1.09% | View data |
10 | 10 Saudi Arabia | 2.57 | 2023 | -1.23% | -1.66% | View data |