Breathtaking rice terraces in Batad, Banaue, Philippines

The 10 Largest Rice Importers In The World

Global rice trade in 2024 ran about 52 million metric tons by volume and US$38.3 billion by value, with the Philippines, China, Indonesia, the European Union, Nigeria, and Iraq accounting for the largest share. The market has been radically reshaped over the past three years by climate disruption in Southeast Asia and by India's rolling export restrictions (a partial ban on broken rice in July 2022, a 20-percent duty on non-basmati white rice in September 2022, and a full ban on non-basmati white rice from July 2023 until September 2024). Rice prices in the Philippines hit a 14-year inflation high of 19.6 percent in December 2023 as a direct result. The seven country sections below cover the largest importers by USDA volume forecast for the 2024/25 trade year, and the table at the end of the article ranks the top 20 by 2024 import value per World Bank Comtrade data.

1. Philippines

 Prices of different rice variants at a public market stall in Tubigon, Bohol, Philippines. Editorial credit: MDV Edwards / Shutterstock.com
Prices of different rice variants at a public market stall in Tubigon, Bohol, Philippines. Editorial credit: MDV Edwards / Shutterstock.com

The Philippines has been the world's largest rice importer by volume since approximately 2019 and is projected to import 4.9 million metric tons in 2025, the highest figure in the country's history. The 2024 total was 4.7 million MT, against domestic production of about 12.7 million MT in calendar year 2024. The 2025 production forecast is down to 12.3 million MT, with crop damage from El Niño in 2023-2024, La Niña in 2024, and a sequence of damaging typhoons cited as the main reasons for the gap.

Vietnam is the largest supplier, providing roughly 70 percent of Philippine rice imports by value in 2024 ($1.8 billion), followed by Thailand ($328.6 million), Pakistan ($155.4 million), Myanmar ($103.2 million), and China ($64.5 million). Rice inflation in the Philippines reached 19.6 percent in December 2023, the highest rate since March 2009, before easing through 2024 as India's export ban was lifted and supplies stabilized. The Marcos government has set a P1.2-trillion investment target over three years to irrigate 1.2 million hectares of farmland and reduce import dependence, though structural conversion of agricultural land to non-farm use continues to shrink the planted area.

2. China

Rice fields on terraced of mu cang chai.
Rice fields on terraced of mu cang chai

China is projected to import about 2.8 million metric tons of rice in 2024/25, down from a record 5.9 million MT in 2021/22. China is also the world's largest rice producer, with about 207 million MT of rice produced annually, and holds the world's largest rice ending stocks at about 103.5 million MT (representing roughly 56 percent of global rice reserves). The country's imports run primarily as supplementary purchases to fill specific market segments rather than as bulk food security buys.

China's import volume by value declined about 34.6 percent in 2024 against 2023 (down to $920.7 million from $1.41 billion), the steepest drop among major importing countries. The country imports primarily from Vietnam, Myanmar, Pakistan, and Thailand. Higher-value specialty imports (basmati from India and Pakistan, jasmine from Thailand) make up an increasing share of the mix as Chinese consumer preferences diversify beyond the standard medium-grain rice produced domestically.

3. Indonesia

Traditional Indonesian snack of Lemper Ayam bakar asavory steamed glutinous sticky rice filled with seasoned shredded chicken, wrapped and grilled in banana leaves
Traditional Indonesian snack of Lemper Ayam bakar asavory steamed glutinous sticky rice filled with seasoned shredded chicken, wrapped and grilled in banana leaves

Indonesia is projected to import 2.5 million metric tons of rice in 2024/25, the third-largest volume globally and the largest by trade value at $2.71 billion (about 7.1 percent of total global rice import value in 2024). Domestic production sits at about 31 million MT annually, but persistent El Niño-driven dry seasons and structural shifts in land use have widened the gap between domestic supply and the 270-million-strong population's demand.

The country's import value grew 51.5 percent in 2024 against 2023, one of the fastest-growing rice import markets among major buyers. Thailand was Indonesia's largest supplier in 2024 ($862.8 million), followed by Vietnam ($752.9 million), Myanmar ($480.8 million, up 441 percent year-over-year), Pakistan ($472.4 million, up 159 percent), and India ($124.5 million, up 251 percent after the September 2024 ban lift). Bulog, the state logistics agency, manages the bulk of imports under government-controlled tenders.

4. European Union

The European Union as a single trading bloc is projected to import 2.4 million metric tons of rice in 2024/25, the largest non-Asian buyer in the global market. The EU imports primarily from Cambodia, Myanmar, Pakistan, India, and Thailand, with most volume entering through the ports of Hamburg, Rotterdam, and Antwerp before redistributing across the 27 member states. The United Kingdom, no longer part of the EU since 2020, is itself the world's 11th-largest individual rice importer by value at $756 million.

The EU's import structure differs from Asian importers in two ways. First, the volume is split across long-grain (mostly destined for the United Kingdom-adjacent and northern European markets) and Japonica (short-grain) for the southern European markets that domestically grow it in Italy, Spain, and parts of France. Second, EU tariff structures preferentially treat imports from least-developed countries under the Everything But Arms initiative, which gave Cambodia and Myanmar a strong supply position before the EU reimposed safeguard duties on certain Cambodian and Myanmar long-grain imports in January 2019.

5. Nigeria

Nigeria jollof rice and cow meat (Pomo)
Nigeria jollof rice and cow meat (Pomo)

Nigeria is projected to import 2.1 million metric tons of rice in 2024/25, the largest African importer by volume and a steady year-on-year buyer. The country's 220-million population consumes about 7 million MT of rice annually, with domestic production covering roughly two-thirds of demand. The gap has historically been filled by imports despite a long-running federal effort to promote local production (the Anchor Borrowers Programme launched in 2015 provided farmers with input financing and minimum-price guarantees).

Most Nigerian imports formally come from Thailand, India, and Brazil, but a substantial parallel trade routes through Benin, where rice is officially imported and then smuggled across the land border to bypass Nigerian duties. Benin's official rice imports (about 800,000 MT annually) far exceed local consumption, with the surplus widely understood to enter Nigeria through informal channels. The Nigerian federal government's rice import ban announced in 2019 and the partial border closure 2019-2020 attempted to address the smuggling but had limited measurable effect on the trade flow.

6. Iraq

Iraq is projected to import 2.0 million metric tons of rice in 2024/25, with domestic production limited by water scarcity in the lower Tigris-Euphrates basin and persistent drought conditions over the past decade. Iraq's rice consumption is dominated by the long-grain amber and basmati varieties that pair with traditional cooking; the country sources most of its imports from India, Thailand, and Vietnam, with Pakistan supplying premium basmati.

The country's per-capita rice consumption is among the highest in the Middle East, supported by government subsidies under the long-running Public Distribution System (PDS), which distributes basic food rations including rice to most Iraqi households. The PDS has been the primary buyer of imported rice in most years, though recent reforms have shifted some procurement to private channels. Iraq's 2024 import value of $1.66 billion was up 22.8 percent year-over-year, reflecting the higher post-India-ban global prices.

7. Vietnam

Vietnam is the unusual entry on this list: the world's third-largest rice exporter (about 7.5 million MT exported in 2024) and simultaneously a top-five rice importer by value, with imports projected at 3.4 million MT in 2025 and import value up 93.1 percent in 2024 against 2023 ($1.71 billion). The split reflects a specialization strategy: Vietnam exports high-value fragrant long-grain rice (mostly to the Philippines, Indonesia, and African markets) while importing cheaper rice from Cambodia, Myanmar, and India to use for domestic feed mills, processed food production, and industrial uses (rice noodles, rice flour, and brewing).

The 2024 import surge tied directly to India's export-ban dynamic. With Indian rice off the export market for non-basmati white rice from July 2023, Vietnamese exporters captured premium pricing on outbound shipments and could profitably substitute cheaper Cambodian and Burmese rice into their own domestic feed and processing markets. The September 2024 lifting of India's ban has begun to normalize the arbitrage but Vietnam's dual exporter-importer position appears durable.

How India's Export Restrictions Reshaped The Market

India accounts for roughly 40 percent of global rice exports in normal years (about 22 million MT in 2024/25 of the global ~55 million MT export market), the single largest country share of any agricultural commodity in the world. When India announced restrictions in 2022-2023 to control domestic food inflation ahead of national elections, the global rice market entered a sustained price spike that lasted through most of 2024. The restrictions were applied in stages: broken rice exports banned September 8, 2022; a 20 percent export duty on non-basmati white rice imposed September 8, 2022; the full ban on non-basmati white rice exports imposed July 20, 2023; and the ban lifted September 28, 2024, with a $490 per ton minimum export price reinstated.

During the ban period, global rice prices rose to the highest levels since the 2008 food crisis. Philippine rice inflation hit 19.6 percent in December 2023. Sub-Saharan African importers (Nigeria, Senegal, Côte d'Ivoire, Mozambique) shifted procurement to Vietnam, Pakistan, and Thailand, with Senegal's imports growing 57.4 percent year-on-year in 2024 and Côte d'Ivoire's growing 39.3 percent. The lifting of the ban has restored most of the price normalization, but the structural shift it triggered (with Vietnam and Pakistan capturing market share India had to abandon) is unlikely to fully reverse. The episode demonstrated how a single producer-country policy decision can move the global rice market by 15-20 percent on price within months.

The Top 20 Rice Importers By Trade Value (2024)

The following table ranks the top 20 rice-importing countries by total 2024 import value in US dollars, per World Bank Comtrade trade data. Note that rankings by value can differ from rankings by volume because of variation in average price per ton: Indonesia leads by value at $2.71 billion despite importing less volume than the Philippines (4.7 million MT) because Indonesia paid premium prices through 2024 to secure supply during the India export-ban period. Year-over-year changes reflect the 2024-versus-2023 percentage shift.

Rank Country 2024 Import Value (USD) Change vs. 2023
1 Indonesia $2.71 billion +51.5%
2 Philippines $2.52 billion +54.0%
3 Saudi Arabia $2.00 billion +19.4%
4 Vietnam $1.71 billion +93.1%
5 Iraq $1.66 billion +22.8%
6 United States $1.62 billion +13.6%
7 Malaysia $1.10 billion +34.1%
8 Côte d'Ivoire $1.01 billion +39.3%
9 China (mainland) $920.7 million -34.6%
10 Senegal $783.8 million +57.4%
11 United Kingdom $756.4 million +0.9%
12 Iran $711.9 million -48.5%
13 Benin $705.7 million +8.0%
14 France $686.1 million +1.2%
15 United Arab Emirates $685.8 million +6.9%
16 Brazil $679.6 million +28.4%
17 South Africa $647.8 million +2.1%
18 Belgium $633.5 million +21.8%
19 Japan $627.2 million -15.9%
20 Yemen $592.9 million +26.6%

The Buyers At A Glance

Per USDA Foreign Agricultural Service data for the 2024/25 marketing year, the seven largest rice importers by projected volume are the Philippines (4.9 million MT), Vietnam (3.4 million MT), China (2.8 million MT), Indonesia (2.5 million MT), the European Union (2.4 million MT), Nigeria (2.1 million MT), and Iraq (2.0 million MT). Together the seven account for about 38 percent of global rice trade by volume. The Philippines, Indonesia, and Nigeria are the three countries where domestic production cannot meet demand by structural margin and where imports are a long-term necessity rather than a market-balancing flow. China, Vietnam, and Iraq run more dynamic positions where imports respond to specific quality, price, or substitution needs. The European Union sits as the institutional buyer with the most predictable annual procurement. None of these positions is likely to shift significantly over the next five years; the bigger question is whether African demand growth (driven by population growth in Nigeria, Côte d'Ivoire, Senegal, and Cameroon) pushes the continent ahead of Asia as the dominant importing region within the next decade.

Share

More in Economics