# FAO Food Outlook: Global output set for expansion, but declining imports by the most vulnerable countries are a cause for concern

> The FAO Food Outlook forecasts the world food import bill will reach a record $1.98 trillion in 2023, up 1.5% from 2022. Import bills for Least Developed Countries and net food-importing developing countries are projected to fall, reflecting weaker purchasing capacity.

- Date: 2023-06-15 · published 2023-06-15T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/6888-fao-food-outlook-global-output-set-for-expansion-but-declining-imports-by-the
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Weaker import volumes in vulnerable countries signal softer demand for food and feed commodities, while high domestic prices limit how much lower world prices pass through.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2025-04-30 | [Growing Demand for Broken Rice for Feed and Food: The Implications for Global Trade \| Economic Research Service](https://feedsoft.ai/events/25195-growing-demand-for-broken-rice-for-feed-and-food-the-implications-for-global.md) | +1.0% | +8.2% |
| RICE | 2019-10-16 | [Falling agri export matter of serious concern: TPCI - Trade Promotion Council of India](https://feedsoft.ai/events/56519-falling-agri-export-matter-of-serious-concern-tpci-trade-promotion-council-of.md) | -1.6% | -1.2% |
| RICE | 2023-03-03 | [Global cereal stocks falling in 2022/23; early prospects point to a decline in wheat production in 2023 – FAO](https://feedsoft.ai/events/12656-global-cereal-stocks-falling-in-2022-23-early-prospects-point-to-a-decline-in.md) | -7.1% | +2.1% |
| RICE | 2024-06-13 | [Food Outlook - Biannual Report on Global Food Markets, June 2024 - World \| ReliefWeb](https://feedsoft.ai/events/17024-food-outlook-biannual-report-on-global-food-markets-june-2024-world-reliefweb.md) | -1.3% | +7.3% |
| RICE | 2025-11-11 | [India’s lifting of rice export ban helped cool global food prices, says WTO \| Today News](https://feedsoft.ai/events/21916-india-s-lifting-of-rice-export-ban-helped-cool-global-food-prices-says-wto.md) | +3.1% | -0.3% |

## Sources

- global-agriculture.com: https://www.global-agriculture.com/global-agriculture/fao-food-outlook-global-output-set-for-expansion-but-declining-imports-by-the-most-vulnerable-countries-are-a-cause-for-concern/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.