Developing Countries Will Lead Global Rice Import Growth in 2013-22, Says USDA Rice growers positive California MG prices are UP Russia MG Harvest coming to end Egypt open rice exports Vietnam’s rice export in tough competition with India Thai rice exports in May Rise Above Target This Year Viet-Nam Rice exports likely to fall this year
Australia Medium Grain Rice #1 $ N/A    Egypt 101 #2 $760    Egypt 178 #2 Rice $730    EU Prices Baldo €660    EU Prices LG-A Ariete 5% €550    EU Prices MG Lotto 5% €500    EU Prices RG Balilla 5% €500    Russia Rapan $ 700    USA Jupiter Paddy $375    USA Calrose #1 Paddy $480    USA Jupiter Rice $630    USA Calrose #1 $830   

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Economy
Economy - overview: Puerto Rico has one of the most dynamic economies in the Caribbean region. A diverse industrial sector has far surpassed agriculture as the primary locus of economic activity and income. Encouraged by duty-free access to the US and by tax incentives, US firms have invested heavily in Puerto Rico since the 1950s. US minimum wage laws apply. Sugar production has lost out to dairy production and other livestock products as the main source of income in the agricultural sector. Tourism has traditionally been an important source of income, with estimated arrivals of nearly 5 million tourists in 1999. Growth fell off in 2001-02, largely due to the slowdown in the US economy.
GDP: purchasing power parity - $45.7 billion (2002 est.)
GDP - real growth rate: 0.5% (2002 est.)
GDP - per capita: purchasing power parity - $11,500 (2002 est.)
GDP - composition by sector: agriculture: 1% industry: 45% services: 54% (1999 est.) Population below poverty line: NA%
Household income or consumption by percentage share: lowest 10%: NA% highest 10%: NA%
Inflation rate (consumer prices): 5% (2002 est.)
Labor force: 1.3 million (2000)
Labor force - by occupation: agriculture 3%, industry 20%, services 77% (2000 est.)
Unemployment rate: 12% (2002)
Budget: revenues: $6.7 billion
expenditures: $9.6 billion, including capital expenditures of $NA (FY99/00)
Industries: pharmaceuticals, electronics, apparel, food products; tourism
Industrial production growth rate: NA%
Electricity - production: 20.9 billion kWh (2001)
Electricity - production by source: fossil fuel: 99.2% hydro: 0.8% other: 0% (2001) nuclear: 0%
Electricity - consumption: 19.44 billion kWh (2001)
Electricity - exports: 0 kWh (2001)
Electricity - imports: 0 kWh (2001)
Oil - production: 0 bbl/day (2001 est.)
Oil - consumption: 190,000 bbl/day (2001 est.)
Oil - exports: NA (2001)
Oil - imports: NA (2001)
Agriculture - products: sugarcane, coffee, pineapples, plantains, bananas; livestock products, chickens
Exports: $46.9 billion f.o.b. (2001)
Exports - commodities: chemicals, electronics, apparel, canned tuna, rum, beverage concentrates, medical equipment
Exports - partners: US 88.2%, UK 1.5%, Dominican Republic 1.4% (2001)
Imports: $29.1 billion c.i.f. (2001)
Imports - commodities: chemicals, machinery and equipment, clothing, food, fish, petroleum products
Imports - partners: US 53.5%, Ireland 16.3%, Japan 4.5% (2001)
Debt - external: $NA
Economic aid - recipient: $NA
Currency: US dollar (USD)
Currency code: USD
Exchange rates: the US dollar is used
Fiscal year: 1 July - 30 June
International organization participation:
Caricom (observer), ECLAC (associate), FAO (associate), ICFTU, Interpol (subbureau), IOC, WCL, WFTU, WHO (associate), WToO (associate)
Transportation
Railways: total: 96 km narrow gauge: 96 km 1.000-m gauge (2002)
Highways: total: 14,400 km paved: 14,400 km unpaved: 0 km (1996)
Waterways: none
Ports and harbors: Aguadilla, Arecibo, Fajardo, Guanica, Guayanilla, Guayama, Mayaguez, Playa de Ponce, San Juan
Merchant marine: total: 1 ship (1,000 GRT or over) 19,203 GRT/20,904 DWT ships by type: container 1 (2002 est.)
Airports: 31 (2002)
Airports - with paved runways: total: 19 over 3,047 m: 3 1,524 to 2,437 m: 3 914 to 1,523 m: 8 under 914 m: 5 (2002)
Airports - with unpaved runways: total: 12 914 to 1,523 m: 2 under 914 m: 10 (2002)
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Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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