Rice: Business with Brazil Increases

From January to September 2020 Central America allocated $298 million to rice imports, and purchases from Brazil increased 808% compared to what was reported in the same period of 2019.

Friday, April 9, 2021

Import of rice in Central America Al March 31st, 2021  

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Figures from the Trade Intelligence Unit of CentralAmericaData: Click to interact with the graphClick to interact with the graph

Explore the data in the interactive display.

Panama, Main Buyer
From January to September 2020 the main importer of rice in Central America was Costa Rica, with $62 million, followed by Panama, with $58 million, Guatemala, with $56 million, Honduras, with $50 million, El Salvador, with $36 million and Nicaragua, with $35 million.

In terms of the year-on-year variation of purchases, all countries recorded increases. Imports increased 111% in Honduras, 94% in El Salvador, 82% in Guatemala and 54% in Panama.

Nicaragua and Costa Rica increased their rice imports by 14% and 9%, respectively.

Regional Business Upward
Between the first six months of 2019 and the same period of 2020, the value of rice imports increased by 50%, from $137 million to $206 million.

For the periods under analysis, purchases from U.S., Brazilian and Uruguayan companies increased by 5%, 340% and 1,213%, in their order.

USA and Uruguay, Main Suppliers
From January to September 2020, 36% of the value imported from Central America came from the USA, 26% from Brazil, 23% from Uruguay, 7% from Paraguay, 2% from Taiwan, 1% from China, 1% from Argentina and 1% from Guyana.

For the period in question in recent years Brazil is one of the markets of origin of imports that have grown the most, since in 2015 regional purchases from the South American country accounted for 10% of the total and in 2020 the proportion rose to 26%.

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More on this topic

Rice: Regional Imports Up 50%

December 2020

In the first half of 2020, Central America spent $206 million on rice imports, 50% more than in the same period in 2019, with Honduras, Panama, El Salvador and Guatemala being the markets that boosted the increase in purchases.

Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]

Rice: $51 Million in Regional Purchases

October 2020

Between January and March 2020, Central America allocated $51 million to rice imports, 9% less than in the same period in 2019, with Costa Rica and Nicaragua being the markets that registered the most significant reductions.

Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graph"]

Rice: More Business between Central America and Brazil

May 2019

In the first nine months of 2018 rice imports in Central America totaled $ 254 million, and purchases from companies in Brazil grew 251% over the same period of 2017.

Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]

Central America: Rice Imports Up 29%

August 2018

In the first three months of the year, rice imports into Central America totaled $64 million, registering an increase of 29% over the same period in 2017.

Figures from the Information System on the Rice Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]

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