Global rice trade has expanded strongly since 2009 and is
estimated at a record 38.2 million tons in 2012, up 6 percent from
2011 and 30 percent from 2009. On the 2012 demand side, growth in
rice trade has been broad-based, with higher imports by China and
the Philippines, Sub-Saharan Africa (Cote d'Ivoire, Nigeria,
Senegal) and South America (Brazil, Colombia). On the 2012
supply side, increased exports by India and Vietnam have more than
offset a major drop in shipments from Thailand, typically the
largest exporter. India's exports surged to a record 10.0 million
tons and Vietnam's exports rose to a record 7.2 million tons in
2012. Higher support prices and a record 2011/12 crop contributed
to large government stocks in India that have been sold in the
global market at competitive prices, a factor behind the record
buying. For 2013, global trade is forecast to slip back to 36.1
million tons as India's stocks decline to a more normal level and
the major 2012 importers rely more on accumulated supplies of rice.
This chart appears in ERS's November 2012 Rice Outlook report.