Rice: Regional Business Down

For the first half of 2021, rice imports in the region decreased by 30%, representing a purchase value of $143 million in that period, the main supplier was the United States with $100 million in sales.

Monday, February 21, 2022

Import of rice in Central America Al September 30th, 2022  

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Figures from the Trade Intelligence Unit of CentralAmericaData: Click to interact with the graphicClick to interact with the graphic

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Costa Rica, Main Buyer
During the second quarter of 2021 the leading importer of rice in Central America was Costa Rica, with $40 million, followed by Honduras with $32 million, Nicaragua with $22 million, Guatemala with $18 million, El Salvador with $17 million and Panama with $14 million.

Regarding the year-on-year variation of purchases, only two countries recorded increases, among them Nicaragua with an increase of 28%, while in Honduras it was 5%.

In the first semester, the countries showing a decrease in imports were Costa Rica with 0.5%, Guatemala with 45.5%, El Salvador with 36.1% and Panama with 75.6%.

Regional Business Downward
Between the second quarter of 2020 and 2021, the value of rice imports in the region decreased by 30%, from $206 million to $143 million.

U.S., Main Supplier
During the second quarter of 2021, 69% of the value imported from Central America came from the U.S., 17% from Brazil and 3% from Costa Rica.

In recent years Costa Rica is one of the markets of origin of imports that have grown the most, since in 2012 regional purchases to the South American country represented 0.73% of the total and in the second quarter of 2021 the proportion rose to 3.21%.

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