International Rice Trade: An Overview
Rice is one of the most traded products in the world ranking 154th in frequently traded commodities. In 2019, the largest importer of rice in the world was Iran. The other top importers in that year were China, Saudi Arabia, Philippines, and the United States. In the same year, the largest International Rice Trade, Thailand, Vietnam, Pakistan and the United States. The global market for rice is expected to be around USD 274 Billion opportunity by the end of 2027.
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