Principal rice exporting countries worldwide 2023/2024

India had the highest export volume of rice worldwide, at 16.5 million metric tons as of 2023/2024. Thailand was the second largest rice exporter, with about 8.2 million metric tons of rice worldwide in that year.

Global rice supply

In the last few years, the global rice supply amounted to over 700 million metric tons of milled equivalent each year. The production of milled rice was projected to amount to almost 503 million metric tons worldwide in 2023. Among the many varieties of rice, U.S. California medium-grain rice had the highest export price and India 25% rice the lowest average export price per ton in 2022.

Global rice consumption

Between 2008 and 2022, global rice consumption increased by over 80 million metric tons, from 437 million metric tons to around 520 million metric tons. In 2022/2023, the top three countries for rice consumption were China, India, and Bangladesh. That year, about 155 million metric tons of rice were consumed in China.