Rice
U.S. Rice Exports in 2022
Total Export Value
$1.69 Billion
Total Volume (Millions)
2 Metric Tons
3-Year Average
$1.82 Billion
Compound Average Growth
-2.49% (2013-2022)
Top 10 Markets for Rice in 2022
Market | Total Value (USD) |
---|---|
Japan | $293.3 Million |
Haiti | $232.05 Million |
Canada | $228.2 Million |
Mexico | $218.76 Million |
South Korea | $118.95 Million |
Colombia | $71.44 Million |
Saudi Arabia | $68.04 Million |
Iraq | $59.31 Million |
Nicaragua | $50.74 Million |
Taiwan | $42.57 Million |
Data and Analysis
Due to continued elevated agricultural input costs, Mexico’s corn production in marketing year (MY) 2023/24 is forecast at 27.4 million metric tons (MMT), unchanged from the year prior. Lower than expected planting intentions data accounts for slightly lower rice and wheat production forecasts.
MY 2023/24 corn production is anticipated to increase roughly 3 percent to 6.1 million metric tons (MT) as more farmers switch to corn production in response to high prices. Post anticipates production will remain below historical levels due to high fertilizer prices and fall army worm outbreaks.
FAS/Tokyo projects reduced corn imports and feed consumption in MY2022/23 due to large outbreaks of Highly Pathogenic Avian Influenza as well as increased competition from domestic feed rice, followed by a recovery of corn consumption in MY2023/24.
News and Features
January 4, 2023
Food for Progress Program – FY 2021 Report to Congress
June 30, 2021
Food for Progress Program – FY 2020 Report to Congress
November 6, 2020
Food for Progress Program – 2019 Report to Congress
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