Rice
U.S. Rice Exports in 2023
Total Export Value
$2.03 Billion
Total Volume (Millions)
2.74 Metric Tons
3-Year Average
$1.89 Billion
Compound Average Growth
0.34% (2014-2023)
| Market | Total Value (USD) |
|---|---|
| Japan | $414 Million |
| Mexico | $281.43 Million |
| Haiti | $264.49 Million |
| Canada | $201.65 Million |
| Iraq | $149.16 Million |
| Saudi Arabia | $87.31 Million |
| Honduras | $87.26 Million |
| South Korea | $69.88 Million |
| Colombia | $60.94 Million |
| Jordan | $54.19 Million |
Data and Analysis
The outlook for Mexican grain production in marketing year (MY) 2024/2025 is lower for corn, wheat, and sorghum.
On December 23, 2024, the Taiwan Ministry of Agriculture (MOA) announced the “Comprehensive Upgrade Plan for the Grains Industry”. MOA’s plan calls for raising the guided purchase price for rice (the mid-tier purchase price) by NT$1.5/kg and increase its procurement volume.
In MY 2024/25, the PRC’s grain output is estimated to reach a record 706.5 million metric tons (MMT), a 1.6 percent increase driven by expanded acreage and higher yields.
News and Features
USDA and USAID will deploy $1 billion in Commodity Credit Corporation funding to purchase U.S.-grown commodities to provide emergency food assistance to people in need throughout the world.
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