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
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.
In marketing year (MY) 2023/24, Colombia's corn and rice production are forecast to marginally increase driven by higher domestic prices and expected normalized weather conditions. However, high production costs continue to be a challenge for Colombian producers.
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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