Stay Connected

Follow ERS on Twitter
Subscribe to RSS feeds
Subscribe to ERS e-Newsletters.aspx
Listen to ERS podcasts
Read ERS blogs at USDA

Related Chart Collections

Global rice trade forecast to be the highest on record in 2012

Related Reports

Global rice trade forecast to be the highest on record in 2012
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.

Last updated: Monday, December 03, 2012

For more information contact: Nathan Childs