Rice: Imports Authorized in Panama

In order to meet local demand between May and August, the government authorized the import of 2.3 million quintals of paddy rice.

Thursday, March 5, 2020

This decision was taken at an expanded meeting of the Committee on the Agrifood Chain of Rice, where its members agreed to recommend to the Executive the import of rice mentioned above, whose date of entry into the country is limited to 15 June 2020, which is recorded in the minutes of the resolution, reported the Ministry of Agricultural Development (MIDA).

You may be interested in "Rice: Regional Imports up to September 2019"

Augusto Valderrama, head of MIDA, explained that "... this is the first time that this government in eight (8) months will import paddy rice, to supply the demand until August, when the harvest of this important grain begins."

The guarantee for the import of the grain is given in a context of increase in the area dedicated to the cultivation of rice, since for the 2019-2020 agricultural cycle 67,558 hectares were planted in the country, an area that exceeds by 5% that reported for the previous harvest.

According to CentralAmericaData reports, from January to September 2019 the main rice importer in Central America was Costa Rica, with $57 million, followed by Panama, with $38 million, Honduras, with $34 million, Guatemala and Nicaragua, with $31 million each, and El Salvador, with $19 million.

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More on this topic

Rice in Honduras: Producers vs. Industrialists

August 2014

Local producers have rejected a request made by agribusiness to import 30,000 tonnes of rice duty free.

While grain processing companies point to shortages and are asking for permission to import duty free, producers deny that there is a shortage and state that domestic demand can be covered using local produce and rice from the import quota under the RD - CAFTA.

Imported Rice Starts Arriving to Panama

May 2012

The first shipment of imported milled rice to meet domestic demand for August and September should arrive next week .

Millers, traders, consumers, agricultural authorities and rice growers agreed to import 1.3 million quintals of rice paddy in order to meet domestic demand and the shortfall in domestic production.

Panama Allows Rice Import

March 2012

The country will import 1.3 million quintals in order to compensate for current low crop yields.

The import of an initial quota of 1.3 million quintals of rice to meet domestic demand, was approved by the Agri-Food Rice Chain, which is a body composed by producers, millers, traders, consumers and agricultural authorities.

Panama Will Need to Import Rice Again

February 2012

Not being self sufficient, Panama will again need to import more than one million quintals from abroad from July in order to meet domestic demand this year.

The supply of rice for domestic consumption in Panama is guaranteed until July 2012 with existing stocks of 2.7 million quintals of clean, dry husks in warehouses, according data from the Authority for Consumer Protection and Competition (Acodeco), recorded from January 30th to February 3rd, 2012.

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