For the past four decades, the global rice market has been dominated by a few exporters, namely, Thailand, Vietnam, the United States, and Pakistan, accounting for 60-70 percent of total exports. During this period, Thailand has remained the top rice exporter in the world. Unlike the export side, the import side looks quite fragmented, with many countries each importing a small amount of rice. The top six importers account for only 20−30 percent of the market share.