In 2023, Myanmar led the global export of husked rice with over USD 963 million, showcasing a notable growth of 6.04% year-on-year. Guyana, China, and the United States followed, with China and the US experiencing positive growth, although the latter saw a slight decline. Italy and Pakistan showed modest growth, while emerging markets like Saudi Arabia and Poland exhibited the highest annual growth rates at 12.32% and 14.65%, respectively. Asian and European exporters show mixed performances, with some like France and Austria seeing significant declines.
Looking forward, it is essential to monitor China's trade policies and global demand shifts, which may influence export dynamics. Technological advancements in rice farming and sustainability practices might reshape competitive advantages among exporters. Climate change and geopolitical tensions remain the pivotal challenges affecting future trends in the global husked rice market.
Top countries in Export of Husked Rice by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Myanmar | 963,220,000 | 2023 | +4.95% | +6.04% | View data |
| 2 | 2 Guyana | 178,200,000 | 2023 | +3.11% | +5.2% | View data |
| 3 | 3 China | 144,730,000 | 2023 | +2.21% | +2.41% | View data |
| 4 | 4 United States | 106,840,000 | 2023 | -2.35% | -2.31% | View data |
| 5 | 5 Thailand | 86,394,000 | 2023 | -1.08% | -2.62% | View data |
| 6 | 6 Italy | 73,138,000 | 2023 | +1.22% | +1.46% | View data |
| 7 | 7 Pakistan | 67,375,000 | 2023 | +4.18% | +3.68% | View data |
| 8 | 8 Spain | 61,510,000 | 2023 | +0.21% | -0.76% | View data |
| 9 | 9 Paraguay | 50,187,000 | 2023 | +3.44% | +4.01% | View data |
| 10 | 10 Uruguay | 46,746,000 | 2023 | -0.25% | +1.43% | View data |
