MEXICAN MARKET CONFIRMED AS OPEN TO BRAZILIAN RICE EXPORTS

29/04/2021

The Ministry of Agriculture officially informed Brazilian rice producers of the opening of the Mexican market and the establishment of a sales quota of 75,000 tons of un-husked rice through to December of this year.

Rice exports have been growing year after year, and reached almost 12.000 TEUs in 2020 – see graph below. Historically exports to Mexico have been nill up until last year, when they reached almost 400 TEU. Assuming one container may weigh approximately 20 tons, the new 75,000 tons quota may account for a total of 3,750 TEU.