Doing Business In Saudi Arabia - Bna
Doing Business In Saudi Arabia - Bna
Doing Business In Saudi Arabia - Bna
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RICE (0422110)<br />
Overview<br />
The United States has remained the second largest rice supplier to the Kingdom<br />
(followed by Pakistan and Thailand). U.S. rice exports to <strong>Saudi</strong> <strong>Arabia</strong> increased by<br />
90 percent in 2007 over 2006. Local rice importers attribute the sharp increase in U.S.<br />
exports to a decrease in exportable rice from <strong>In</strong>dia and U.S. price competitiveness<br />
compared to other Asian rice exporters. The sharp increase in the values of total rice<br />
imports reflect the sharp increase in the world prices for rice over the same period.<br />
The continued shortage in <strong>In</strong>dian rice supplies is forecast to further increase the U.S.<br />
rice market share in 2008.<br />
Year/Description 2005 2006 2007<br />
Total Consumption 505 570 650<br />
Total Local Production 0 0 0<br />
Total Exports 5 5 0<br />
Total Imports 500 565 650<br />
Imports from the U.S. 44 42 80<br />
Value: <strong>In</strong> millions of U.S. dollars<br />
Source: Trade estimates and U.S. Customs official data<br />
5/13/2008
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