Rice Prices in South Korea
| Variety | Market level | Price (US$/kg) | Local (KRW) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| Thai 5% | Global benchmark | 0.44 | 587 | ▲ 9.2% | ▲ 2.1% | World Bank Pink Sheet |
| - | Export (unit value) | 0.45 | 597 | ▼ 4.2% | ▼ 4.2% | UN Comtrade (unit value) |
| Thai 25% | Global benchmark | 0.44 | 580 | ▲ 9.0% | ▲ 4.6% | World Bank Pink Sheet |
| Thai A.1 | Global benchmark | 0.42 | 560 | ▲ 9.1% | ▲ 3.6% | World Bank Pink Sheet |
| Viet Namese 5% | Global benchmark | 0.38 | 502 | ▲ 6.6% | ▼ 0.8% | World Bank Pink Sheet |
As of June 2026, the rice price in South Korea available is US$ 0.45 per kg (597 KRW), down 4.2% year-on-year.
South Korea exported 137,108 tonnes of rice in 2024, valued at US$64.1 million, ranking #28 among 117 exporters and accounting for 0.2% of global exports. The country is a net exporter, with rice production totaling 4,783,114 tonnes (world rank #19), representing 0.5% of global output and a -2.3% year-on-year change. The latest export price is US$0.4481 per kg.
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Rice Price History & Trend
Global benchmark (world reference) price for rice, US$ per kg.
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Production, Exports, Imports & HS Codes - rice in South Korea
South Korea exported 137,108 tonnes of rice in 2024, valued at US$64.1 million, ranking #28 among 117 exporters and accounting for 0.2% of global exports. The country is a net exporter, with rice production totaling 4,783,114 tonnes (world rank #19), representing 0.5% of global output and a -2.3% year-on-year change. The latest export price is US$0.4481 per kg.
Exports UN Comtrade · 2024
In 2024, South Korea exported $64.1M (137.1 kt) of rice▲ 88.2% YoY. That ranks #28 worldwide (0.2% of global exports).
Export value by year (US$)
Export volume by year
Top rice exporters worldwide UN Comtrade · 2024
- #1 India $11.05B · 40.2%
- #2 Thailand $5.66B · 20.6%
- #3 Pakistan $3.26B · 11.8%
- #4 US $1.37B · 5%
- #5 Myanmar $824.1M · 3%
Annual export data South Korea · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $64.1M | 137.1 kt | $0.47 |
| 2023 | $34.1M | 60.2 kt | $0.57 |
| 2022 | $18M | 54.2 kt | $0.33 |
| 2021 | $21.7M | 52.2 kt | $0.42 |
| 2020 | $26.5M | 54.9 kt | $0.48 |
Production FAOSTAT · 2024
South Korea produced 4.78 Mt of rice in 2024▼ 2.3% YoY. It ranks #19 among producing countries (0.5% of world output).
Production by year (tonnes)
HS Code
rice is traded under Harmonized System code 1006.30. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade; production - FAOSTAT (FAO); harvest season - FAO GIEWS Crop Calendar. Values are official reported figures.