Largest Exporters of Rice From The World supply amounted to over 700 million metric tons each year. In the financial year 2018 – 2019, the production of milled rice was projected to increase over 495 million metric tons worldwide. Among the many other varieties of rice, Indian Basmati Rice has the highest export price in the last financial year.
From the year 2008 to 2019, global rice consumption increased by 50 million metric tons. According to a research report, the previous value of consumption was 437 million metric tons which have now increased to 490 million metric tons. China, India, and Indonesia are at the top of the list of rice consumption. China consumed rice approximately 143.8 million metric tons.
India was the Largest Exporters of Rice In The Last Five Years. According to the report of All India Rice Exporters Association (AIREA), every year total of 50 lakh metric tons of rice are exported from India. In the financial year 2018 – 2019, India was the Largest Exporters of Rice In The World because about 12.5 million metric tons of rice were exported. India led the market share in the last three consecutive years in a row and placed the country at the top of the list in the rice global market. The other countries which have the largest rice exporting values after India are:
- United States
Iran was the leading importing country for Basmati Rice From India in the financial year 2017 to 2018 which is followed by Saudi Arabia and UAE.
In the Financial Year 2017 to 2018, India exported a large amount of Non Basmati rice to Bangladesh, Benin, and Senegal.
Thailand and Vietnam are also exported a large amount of rice products to the world and emerged as the second and third Largest Exporters Of Rice From The World. Around 10.3 million metric tons of rice are exported from Thailand in the financial year 2018 to 2019.
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