GITNUXREPORT 2026

Rice Industry Statistics

Global rice production hit record highs in 2022 while consumption and trade continued to rise.

Sarah Mitchell

Sarah Mitchell

Senior Researcher specializing in consumer behavior and market trends.

First published: Feb 13, 2026

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Key Statistics

Statistic 1

World rice consumption totaled 523.6 million metric tons of milled rice in 2022/23, up 1.3% from previous year

Statistic 2

China's rice consumption was 149 million metric tons in 2022, 29% of global total

Statistic 3

India's per capita rice consumption averaged 74 kg annually in 2022, highest globally

Statistic 4

Indonesia consumed 35 million metric tons of rice in 2022, driven by population growth

Statistic 5

Bangladesh rice intake reached 36 kg per capita in 2022, staple for 170 million people

Statistic 6

Vietnam's domestic rice consumption was 21 million metric tons in 2022, stable despite exports

Statistic 7

Philippines consumed 15.5 million metric tons of milled rice in 2022, up 2.5%

Statistic 8

Thailand rice consumption fell to 9.5 million metric tons in 2022 due to dietary shifts

Statistic 9

Japan's per capita rice consumption dropped to 50.9 kg in 2022, lowest in 60 years

Statistic 10

Nigeria's rice consumption was 7.5 million metric tons in 2022, exceeding production by 20%

Statistic 11

Brazil consumed 8 million metric tons of rice in 2022, imported 1.5 million tons

Statistic 12

United States rice disappearance totaled 4.8 million short tons in 2022/23 marketing year

Statistic 13

Africa's rice consumption grew to 42 million metric tons in 2022, demand outpacing supply

Statistic 14

Global rice food use per capita was 52 kg in 2022, varying from 150kg in Asia to 20kg in Europe

Statistic 15

Iran's rice consumption reached 3.2 million metric tons in 2022, mostly imported basmati

Statistic 16

South Korea's rice consumption declined 3% to 4.8 million tons in 2022 due to low birth rates

Statistic 17

Saudi Arabia consumed 1.5 million metric tons of rice in 2022, 80% imported

Statistic 18

Europe's total rice consumption was 4.2 million metric tons in 2022, mainly for risotto and paella

Statistic 19

Urban China's rice share in diet fell to 28% in 2022 from 40% in 2000

Statistic 20

Global rice stocks-to-use ratio was 22.5% in 2022/23, indicating ample supply

Statistic 21

India's rice consumption grew 2% to 110 million metric tons in 2022/23

Statistic 22

Pakistan consumed 3.5 million metric tons of rice in 2022, 70% domestic production

Statistic 23

Global rice demand projected to reach 550 million tons by 2030, driven by population growth

Statistic 24

Rice industry contributed $1.2 trillion to global GDP in 2022 through value chains

Statistic 25

India’s rice sector employed 50 million farmers and generated $50 billion in 2022/23

Statistic 26

China's rice production value reached 700 billion yuan ($100 billion) in 2022

Statistic 27

Vietnam rice exports generated $4.3 billion revenue in 2022, 5% of GDP

Statistic 28

Global rice milling industry market size was $120 billion in 2022

Statistic 29

Thailand's rice industry supported 10 million jobs and contributed 2.5% to GDP in 2022

Statistic 30

Bangladesh rice sector value added 12% to agricultural GDP in 2022/23

Statistic 31

US rice industry generated $35 billion economic impact including multipliers in 2022

Statistic 32

Indonesia's rice subsidies cost government $2.5 billion in 2022 for fertilizers

Statistic 33

Philippines rice imports cost $2.2 billion in 2022, straining trade balance

Statistic 34

Pakistan basmati exports earned $2.5 billion forex in FY2022/23

Statistic 35

Brazil rice sector employed 200,000 workers and produced $3 billion value in 2022/23

Statistic 36

Global rice price volatility cost farmers $10 billion in losses in 2022

Statistic 37

Africa's rice value chain inefficiencies led to $5 billion annual losses in 2022

Statistic 38

Japan rice industry market was ¥2.5 trillion ($18 billion) in 2022 despite declining consumption

Statistic 39

Nigeria rice smuggling losses estimated at $1 billion in 2022

Statistic 40

Rice contributed 20% to Sri Lanka's agricultural GDP before 2022 crisis

Statistic 41

Global rice research investment by public sector was $1 billion in 2022, led by IRRI

Statistic 42

Cambodia rice exports boosted farmer incomes by 30% averaging $1,200/ha in 2022/23

Statistic 43

EU rice sector generated €3 billion turnover in 2022 from 400,000 ha

Statistic 44

Global rice retail market valued at $250 billion in 2022, growing 4% annually

Statistic 45

Rice farming labor costs rose 15% globally to $200/ha average in 2022 due to inflation

Statistic 46

India minimum support price for paddy set at 2,183 INR/quintal ($26/ton) in 2022/23 kharif

Statistic 47

Global rice production reached 514.6 million metric tons of milled rice in 2022, marking a 1.2% increase from the previous year

Statistic 48

India produced 135.5 million metric tons of paddy rice in the 2022/2023 marketing year, representing 24% of world production

Statistic 49

China harvested 212.85 million metric tons of paddy rice in 2022, the highest on record

Statistic 50

Vietnam's rice production totaled 43.5 million metric tons of paddy in 2022, up 2.5% year-over-year due to favorable weather

Statistic 51

Bangladesh achieved 35.9 million metric tons of paddy rice production in 2022/23, supported by high-yield varieties

Statistic 52

Thailand produced 34.4 million metric tons of paddy rice in 2022/23 marketing year, a 5% increase from prior year

Statistic 53

Indonesia's rice output was 31.3 million metric tons of milled rice in 2022, bolstered by government subsidies

Statistic 54

Philippines rice production reached 20.1 million metric tons of paddy in 2022, up 6.3% due to expanded irrigation

Statistic 55

Myanmar produced 24.3 million metric tons of paddy rice in 2022, despite political challenges

Statistic 56

Cambodia's paddy rice production hit 11.2 million metric tons in 2022/23, a record high

Statistic 57

Pakistan harvested 8.4 million metric tons of milled rice in 2022/23, recovering from flood damages

Statistic 58

United States rice production was 4.25 million short tons in 2022, primarily long-grain varieties

Statistic 59

Brazil produced 11.2 million metric tons of paddy rice in 2022/23, mainly in Rio Grande do Sul state

Statistic 60

Japan's rice production declined to 7.3 million metric tons in 2022 due to aging farmers

Statistic 61

Nigeria's rice production reached 8 million metric tons in 2022, driven by local milling initiatives

Statistic 62

Global average rice yield was 4.1 tons per hectare in 2022 for paddy rice

Statistic 63

India's average paddy yield improved to 2.73 tons per hectare in 2022/23 from government extension services

Statistic 64

China's hybrid rice varieties contributed to 58% of total production in 2022, yielding over 7 tons/ha

Statistic 65

IRRI-bred varieties covered 40 million hectares globally in 2022, boosting yields by 15%

Statistic 66

Mekong Delta in Vietnam produced 25 million metric tons of paddy in 2022, 55% of national output

Statistic 67

Punjab region in India accounted for 11% of national rice production with 12.5 million tons in 2022

Statistic 68

Africa's rice production grew 5% to 38 million metric tons in 2022, led by Nigeria and Egypt

Statistic 69

California's rice acreage was 400,000 acres in 2022, yielding 10.5 tons/ha

Statistic 70

Australia produced 1.1 million metric tons of brown rice in 2022/23 from Riverina region

Statistic 71

Nepal's rice production was 5.6 million metric tons in 2022/23, up 3%

Statistic 72

Sri Lanka produced 4.1 million metric tons of paddy in 2022 despite economic crisis

Statistic 73

Uruguay's rice output reached 1.2 million metric tons in 2022/23, export-oriented

Statistic 74

Egypt produced 4.5 million metric tons of rice in 2022, mainly in Nile Delta

Statistic 75

Madagascar's rice production was 4.2 million metric tons in 2022, 50% of food needs

Statistic 76

Global rice area harvested was 164 million hectares in 2022

Statistic 77

Water use efficiency in rice farming improved 20% in pilot projects saving $500 million in 2022

Statistic 78

Global rice production emitted 500 million tons CO2 equivalent in 2022, 8% of ag emissions

Statistic 79

Alternate Wetting and Drying (AWD) adopted on 5 million ha globally in 2022, cutting methane 30%

Statistic 80

India's System of Rice Intensification (SRI) covered 1 million ha in 2022, saving 30% water

Statistic 81

Vietnam reduced rice chemical pesticide use by 20% to 300,000 tons in 2022 via IPM

Statistic 82

Direct Seeded Rice (DSR) expanded to 2 million ha in Asia 2022, reducing water 35%

Statistic 83

Global rice salinity-affected areas totaled 10 million ha in 2022, threatening 20% yield loss

Statistic 84

Organic rice production reached 2.5 million tons globally in 2022, up 10%

Statistic 85

China's low-carbon rice program cut emissions by 10 million tons CO2e on 20 million ha in 2022

Statistic 86

Mekong Delta lost 500,000 ha arable land to salinization in 2022 due to sea level rise

Statistic 87

Biofertilizer use in rice fields grew 15% to 1 million tons globally in 2022

Statistic 88

Rice straw burning released 100 million tons CO2 in Asia 2022, targeted for zero by 2030

Statistic 89

Drought affected 15 million ha rice area worldwide in 2022, causing 10% yield drop

Statistic 90

Flood-tolerant rice varieties like Swarna-Sub1 planted on 10 million ha in 2022

Statistic 91

Global rice water footprint averaged 2,500 liters per kg produced in 2022

Statistic 92

Precision agriculture tools adopted on 3 million ha rice farms in 2022, boosting efficiency 15%

Statistic 93

Arsenic contamination affected 20 million people in rice-consuming Bangladesh in 2022

Statistic 94

Conservation agriculture in rice systems covered 5 million ha globally in 2022

Statistic 95

Plastic mulch use in rice fields reached 500,000 tons in 2022, raising microplastic concerns

Statistic 96

Climate-resilient rice varieties released for 50 million ha potential in 2022 by CGIAR

Statistic 97

Rice sector biodiversity loss estimated at 10% habitat decline since 2000 to 2022

Statistic 98

Zero-tillage rice planting saved 1 billion m3 water in India Punjab 2022 season

Statistic 99

World rice exports reached 53.3 million metric tons in 2022/23 marketing year, up 7%

Statistic 100

India exported 22.3 million metric tons of rice in 2022/23, 42% of global exports

Statistic 101

Thailand was second largest rice exporter with 8.2 million metric tons shipped in 2022/23

Statistic 102

Vietnam exported 8.1 million metric tons of rice in 2022, valued at $4.3 billion

Statistic 103

Pakistan's rice exports hit 4.6 million metric tons in FY 2022/23, mainly basmati

Statistic 104

United States exported 3.5 million metric tons of rice in 2022/23, 45% to Latin America

Statistic 105

China's rice imports were 5.1 million metric tons in 2022, up 20% for premium varieties

Statistic 106

Philippines imported 3.8 million metric tons of rice in 2022 to meet domestic shortfall

Statistic 107

Bangladesh imported 1.2 million metric tons of rice in 2022 amid floods

Statistic 108

EU imported 2.1 million metric tons of rice in 2022, 60% from Thailand and Pakistan

Statistic 109

Indonesia's rice imports reached 2.9 million metric tons in 2022 for food security

Statistic 110

Nigeria imported 2.5 million metric tons of rice in 2022 despite border closures

Statistic 111

Brazil exported 1.8 million metric tons of rice in 2022/23 to South America

Statistic 112

Global rice trade value exceeded $35 billion in 2022

Statistic 113

India's basmati exports alone were 4.8 million tons valued at $5.2 billion in FY2022/23

Statistic 114

Uruguay exported 95% of its 1.1 million ton rice production in 2022

Statistic 115

Cambodia exported 7.5 million tons of paddy equivalent in 2022/23

Statistic 116

Myanmar's rice exports dropped to 2.2 million tons in 2022 due to sanctions

Statistic 117

Saudi Arabia imported 1.4 million tons of rice in 2022, 70% from Asia

Statistic 118

Top 10 rice exporters held 85% market share in 2022

Statistic 119

Africa's rice imports totaled 12 million tons in 2022, cost $6 billion

Statistic 120

Japan's rice imports were 700,000 tons in 2022 under WTO minimum access

Statistic 121

Global rice export prices averaged $550 per ton in 2022 before spiking

Statistic 122

Rice trade from Asia to Africa grew 15% to 8 million tons in 2022

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Despite political upheaval, climate challenges, and soaring demand, the world's rice bowls overflowed in 2022, with global production hitting a staggering 514.6 million metric tons to fuel a $1.2 trillion industry that feeds over half the planet.

Key Takeaways

  • Global rice production reached 514.6 million metric tons of milled rice in 2022, marking a 1.2% increase from the previous year
  • India produced 135.5 million metric tons of paddy rice in the 2022/2023 marketing year, representing 24% of world production
  • China harvested 212.85 million metric tons of paddy rice in 2022, the highest on record
  • World rice consumption totaled 523.6 million metric tons of milled rice in 2022/23, up 1.3% from previous year
  • China's rice consumption was 149 million metric tons in 2022, 29% of global total
  • India's per capita rice consumption averaged 74 kg annually in 2022, highest globally
  • World rice exports reached 53.3 million metric tons in 2022/23 marketing year, up 7%
  • India exported 22.3 million metric tons of rice in 2022/23, 42% of global exports
  • Thailand was second largest rice exporter with 8.2 million metric tons shipped in 2022/23
  • Rice industry contributed $1.2 trillion to global GDP in 2022 through value chains
  • India’s rice sector employed 50 million farmers and generated $50 billion in 2022/23
  • China's rice production value reached 700 billion yuan ($100 billion) in 2022
  • Water use efficiency in rice farming improved 20% in pilot projects saving $500 million in 2022
  • Global rice production emitted 500 million tons CO2 equivalent in 2022, 8% of ag emissions
  • Alternate Wetting and Drying (AWD) adopted on 5 million ha globally in 2022, cutting methane 30%

Global rice production hit record highs in 2022 while consumption and trade continued to rise.

Consumption

  • World rice consumption totaled 523.6 million metric tons of milled rice in 2022/23, up 1.3% from previous year
  • China's rice consumption was 149 million metric tons in 2022, 29% of global total
  • India's per capita rice consumption averaged 74 kg annually in 2022, highest globally
  • Indonesia consumed 35 million metric tons of rice in 2022, driven by population growth
  • Bangladesh rice intake reached 36 kg per capita in 2022, staple for 170 million people
  • Vietnam's domestic rice consumption was 21 million metric tons in 2022, stable despite exports
  • Philippines consumed 15.5 million metric tons of milled rice in 2022, up 2.5%
  • Thailand rice consumption fell to 9.5 million metric tons in 2022 due to dietary shifts
  • Japan's per capita rice consumption dropped to 50.9 kg in 2022, lowest in 60 years
  • Nigeria's rice consumption was 7.5 million metric tons in 2022, exceeding production by 20%
  • Brazil consumed 8 million metric tons of rice in 2022, imported 1.5 million tons
  • United States rice disappearance totaled 4.8 million short tons in 2022/23 marketing year
  • Africa's rice consumption grew to 42 million metric tons in 2022, demand outpacing supply
  • Global rice food use per capita was 52 kg in 2022, varying from 150kg in Asia to 20kg in Europe
  • Iran's rice consumption reached 3.2 million metric tons in 2022, mostly imported basmati
  • South Korea's rice consumption declined 3% to 4.8 million tons in 2022 due to low birth rates
  • Saudi Arabia consumed 1.5 million metric tons of rice in 2022, 80% imported
  • Europe's total rice consumption was 4.2 million metric tons in 2022, mainly for risotto and paella
  • Urban China's rice share in diet fell to 28% in 2022 from 40% in 2000
  • Global rice stocks-to-use ratio was 22.5% in 2022/23, indicating ample supply
  • India's rice consumption grew 2% to 110 million metric tons in 2022/23
  • Pakistan consumed 3.5 million metric tons of rice in 2022, 70% domestic production
  • Global rice demand projected to reach 550 million tons by 2030, driven by population growth

Consumption Interpretation

The world forks over half a billion tons of rice annually, where Asia's enduring love affair with the grain, from India's record per capita feasts to Japan's fading romance with it, meets Africa's growing hunger and the West's niche paella cravings, all marching steadily towards a 550-million-ton future driven by simple, relentless demographics.

Economic

  • Rice industry contributed $1.2 trillion to global GDP in 2022 through value chains
  • India’s rice sector employed 50 million farmers and generated $50 billion in 2022/23
  • China's rice production value reached 700 billion yuan ($100 billion) in 2022
  • Vietnam rice exports generated $4.3 billion revenue in 2022, 5% of GDP
  • Global rice milling industry market size was $120 billion in 2022
  • Thailand's rice industry supported 10 million jobs and contributed 2.5% to GDP in 2022
  • Bangladesh rice sector value added 12% to agricultural GDP in 2022/23
  • US rice industry generated $35 billion economic impact including multipliers in 2022
  • Indonesia's rice subsidies cost government $2.5 billion in 2022 for fertilizers
  • Philippines rice imports cost $2.2 billion in 2022, straining trade balance
  • Pakistan basmati exports earned $2.5 billion forex in FY2022/23
  • Brazil rice sector employed 200,000 workers and produced $3 billion value in 2022/23
  • Global rice price volatility cost farmers $10 billion in losses in 2022
  • Africa's rice value chain inefficiencies led to $5 billion annual losses in 2022
  • Japan rice industry market was ¥2.5 trillion ($18 billion) in 2022 despite declining consumption
  • Nigeria rice smuggling losses estimated at $1 billion in 2022
  • Rice contributed 20% to Sri Lanka's agricultural GDP before 2022 crisis
  • Global rice research investment by public sector was $1 billion in 2022, led by IRRI
  • Cambodia rice exports boosted farmer incomes by 30% averaging $1,200/ha in 2022/23
  • EU rice sector generated €3 billion turnover in 2022 from 400,000 ha
  • Global rice retail market valued at $250 billion in 2022, growing 4% annually
  • Rice farming labor costs rose 15% globally to $200/ha average in 2022 due to inflation
  • India minimum support price for paddy set at 2,183 INR/quintal ($26/ton) in 2022/23 kharif

Economic Interpretation

While its humble grains might seem modest, the rice industry's $1.2 trillion global economic footprint reveals a world sustained, strained, and sometimes subsidized, from the 50 million farmers it employs in India to the volatile markets that can wipe out billions in a season.

Production

  • Global rice production reached 514.6 million metric tons of milled rice in 2022, marking a 1.2% increase from the previous year
  • India produced 135.5 million metric tons of paddy rice in the 2022/2023 marketing year, representing 24% of world production
  • China harvested 212.85 million metric tons of paddy rice in 2022, the highest on record
  • Vietnam's rice production totaled 43.5 million metric tons of paddy in 2022, up 2.5% year-over-year due to favorable weather
  • Bangladesh achieved 35.9 million metric tons of paddy rice production in 2022/23, supported by high-yield varieties
  • Thailand produced 34.4 million metric tons of paddy rice in 2022/23 marketing year, a 5% increase from prior year
  • Indonesia's rice output was 31.3 million metric tons of milled rice in 2022, bolstered by government subsidies
  • Philippines rice production reached 20.1 million metric tons of paddy in 2022, up 6.3% due to expanded irrigation
  • Myanmar produced 24.3 million metric tons of paddy rice in 2022, despite political challenges
  • Cambodia's paddy rice production hit 11.2 million metric tons in 2022/23, a record high
  • Pakistan harvested 8.4 million metric tons of milled rice in 2022/23, recovering from flood damages
  • United States rice production was 4.25 million short tons in 2022, primarily long-grain varieties
  • Brazil produced 11.2 million metric tons of paddy rice in 2022/23, mainly in Rio Grande do Sul state
  • Japan's rice production declined to 7.3 million metric tons in 2022 due to aging farmers
  • Nigeria's rice production reached 8 million metric tons in 2022, driven by local milling initiatives
  • Global average rice yield was 4.1 tons per hectare in 2022 for paddy rice
  • India's average paddy yield improved to 2.73 tons per hectare in 2022/23 from government extension services
  • China's hybrid rice varieties contributed to 58% of total production in 2022, yielding over 7 tons/ha
  • IRRI-bred varieties covered 40 million hectares globally in 2022, boosting yields by 15%
  • Mekong Delta in Vietnam produced 25 million metric tons of paddy in 2022, 55% of national output
  • Punjab region in India accounted for 11% of national rice production with 12.5 million tons in 2022
  • Africa's rice production grew 5% to 38 million metric tons in 2022, led by Nigeria and Egypt
  • California's rice acreage was 400,000 acres in 2022, yielding 10.5 tons/ha
  • Australia produced 1.1 million metric tons of brown rice in 2022/23 from Riverina region
  • Nepal's rice production was 5.6 million metric tons in 2022/23, up 3%
  • Sri Lanka produced 4.1 million metric tons of paddy in 2022 despite economic crisis
  • Uruguay's rice output reached 1.2 million metric tons in 2022/23, export-oriented
  • Egypt produced 4.5 million metric tons of rice in 2022, mainly in Nile Delta
  • Madagascar's rice production was 4.2 million metric tons in 2022, 50% of food needs
  • Global rice area harvested was 164 million hectares in 2022

Production Interpretation

Despite a world of challenges—from political turmoil in Myanmar to aging farmers in Japan—global rice production quietly reached record heights in 2022, proving that while you can't eat statistics, you absolutely need them to understand how billions of people are fed.

Sustainability

  • Water use efficiency in rice farming improved 20% in pilot projects saving $500 million in 2022
  • Global rice production emitted 500 million tons CO2 equivalent in 2022, 8% of ag emissions
  • Alternate Wetting and Drying (AWD) adopted on 5 million ha globally in 2022, cutting methane 30%
  • India's System of Rice Intensification (SRI) covered 1 million ha in 2022, saving 30% water
  • Vietnam reduced rice chemical pesticide use by 20% to 300,000 tons in 2022 via IPM
  • Direct Seeded Rice (DSR) expanded to 2 million ha in Asia 2022, reducing water 35%
  • Global rice salinity-affected areas totaled 10 million ha in 2022, threatening 20% yield loss
  • Organic rice production reached 2.5 million tons globally in 2022, up 10%
  • China's low-carbon rice program cut emissions by 10 million tons CO2e on 20 million ha in 2022
  • Mekong Delta lost 500,000 ha arable land to salinization in 2022 due to sea level rise
  • Biofertilizer use in rice fields grew 15% to 1 million tons globally in 2022
  • Rice straw burning released 100 million tons CO2 in Asia 2022, targeted for zero by 2030
  • Drought affected 15 million ha rice area worldwide in 2022, causing 10% yield drop
  • Flood-tolerant rice varieties like Swarna-Sub1 planted on 10 million ha in 2022
  • Global rice water footprint averaged 2,500 liters per kg produced in 2022
  • Precision agriculture tools adopted on 3 million ha rice farms in 2022, boosting efficiency 15%
  • Arsenic contamination affected 20 million people in rice-consuming Bangladesh in 2022
  • Conservation agriculture in rice systems covered 5 million ha globally in 2022
  • Plastic mulch use in rice fields reached 500,000 tons in 2022, raising microplastic concerns
  • Climate-resilient rice varieties released for 50 million ha potential in 2022 by CGIAR
  • Rice sector biodiversity loss estimated at 10% habitat decline since 2000 to 2022
  • Zero-tillage rice planting saved 1 billion m3 water in India Punjab 2022 season

Sustainability Interpretation

The rice industry is in a race between ingenuity and catastrophe, where each stride in water efficiency and emission cuts is shadowed by the relentless creep of salinity, drought, and the specter of 2,500 liters of water embedded in every single kilogram we produce.

Trade

  • World rice exports reached 53.3 million metric tons in 2022/23 marketing year, up 7%
  • India exported 22.3 million metric tons of rice in 2022/23, 42% of global exports
  • Thailand was second largest rice exporter with 8.2 million metric tons shipped in 2022/23
  • Vietnam exported 8.1 million metric tons of rice in 2022, valued at $4.3 billion
  • Pakistan's rice exports hit 4.6 million metric tons in FY 2022/23, mainly basmati
  • United States exported 3.5 million metric tons of rice in 2022/23, 45% to Latin America
  • China's rice imports were 5.1 million metric tons in 2022, up 20% for premium varieties
  • Philippines imported 3.8 million metric tons of rice in 2022 to meet domestic shortfall
  • Bangladesh imported 1.2 million metric tons of rice in 2022 amid floods
  • EU imported 2.1 million metric tons of rice in 2022, 60% from Thailand and Pakistan
  • Indonesia's rice imports reached 2.9 million metric tons in 2022 for food security
  • Nigeria imported 2.5 million metric tons of rice in 2022 despite border closures
  • Brazil exported 1.8 million metric tons of rice in 2022/23 to South America
  • Global rice trade value exceeded $35 billion in 2022
  • India's basmati exports alone were 4.8 million tons valued at $5.2 billion in FY2022/23
  • Uruguay exported 95% of its 1.1 million ton rice production in 2022
  • Cambodia exported 7.5 million tons of paddy equivalent in 2022/23
  • Myanmar's rice exports dropped to 2.2 million tons in 2022 due to sanctions
  • Saudi Arabia imported 1.4 million tons of rice in 2022, 70% from Asia
  • Top 10 rice exporters held 85% market share in 2022
  • Africa's rice imports totaled 12 million tons in 2022, cost $6 billion
  • Japan's rice imports were 700,000 tons in 2022 under WTO minimum access
  • Global rice export prices averaged $550 per ton in 2022 before spiking
  • Rice trade from Asia to Africa grew 15% to 8 million tons in 2022

Trade Interpretation

India is single-handedly feeding half the planet its rice while everyone else plays a frantic game of catch-up in a $35 billion scramble to secure the world's most strategic grain.

Sources & References