The Philippines leads in global milled rice imports, with Nigeria and Vietnam showing significant growth, specifically Nigeria at 2.02% and Vietnam at 22.87%. Indonesia showcased remarkable growth at 27.23%, while Iraq presented a noticeable increase at 10.59%. In contrast, China and Iran experienced declines, at -1.28% and -2.42% respectively. Smaller markets like Cambodia saw impressive growth of 37.97%, while others like Egypt and Libya saw substantial declines at -15.37% and -17.81% respectively.
Future trends to watch include potential increases in emerging markets such as Cambodia, due to favorable growth trends, alongside monitoring the effectiveness of agricultural policies in major import nations like China and the Philippines, which could influence their importation needs.
Top countries in Milled Rice Import Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Philippines | 7.63 | 2023 | +1.33% | +1.09% | View data |
| 2 | 2 China | 6.02 | 2023 | -31.57% | -1.28% | View data |
| 3 | 3 Nigeria | 4.22 | 2023 | -6.67% | +2.02% | View data |
| 4 | 4 Iraq | 4.02 | 2023 | -9.09% | +10.59% | View data |
| 5 | 5 Indonesia | 4.02 | 2023 | -28.57% | +27.23% | View data |
| 6 | 6 Ivory Coast | 2.91 | 2023 | -0.41% | +1.44% | View data |
| 7 | 7 Senegal | 2.81 | 2023 | -3.45% | +4.94% | View data |
| 8 | 8 Vietnam | 2.81 | 2023 | -22.22% | +22.87% | View data |
| 9 | 9 Saudi Arabia | 2.71 | 2023 | +3.85% | -1.08% | View data |
| 10 | 10 United States | 2.49 | 2023 | -2.29% | +6.12% | View data |
