U.S. Rice Deliveries to Mexico Surge in 2017 – Both Paddy and Milled Rice Show Significant Gains

Mar 24, 2017
Clear the bins for U.S. rice
IMX-Sales-Numbers-Up, rice bins
MEXICO CITY, MEXICO -- According to official Mexican government data, total U.S. rice deliveries (non-converted) to Mexico were up a staggering 31.4 percent in the first two-months of 2017 compared with the same period the previous year.  That’s 148,016 MT, and of significant note, milled rice exports nearly tripled – to 22,478 metric tons, nearly half of total milled exports in all of 2016.
Paddy arrivals were up 25 percent as local milling demand increased, not only for local consumption but also due to additional Mexican milled rice export sales to Venezuela.

U.S. milled rice shipments were up 183 percent and market share up to 63.3 percent, compared with a market share of just 22.4 percent in the same period in 2016.

Total Mexican rice imports were up 17.1 percent in this period, and the U.S. total market share for all types of rice reached 93.1 percent, the best since 2013.

“Two months do not a trend make, but it’s very good news,” said USA Rice Vice President International Hugh Maginnis.  “USA Rice continues our aggressive promotion programs in this key market and the U.S. rice industry is very grateful for Mexico’s continued loyalty as our number one export customer.  Mexico is a valued trading partner, and we are heartened that our southern neighbors continue to place their trust in the quality and reliability that U.S. rice exporters provide.”