Rice imports in MY 2018/2019 are forecast at 300,000 MT, a six percent reduction from the previous year. Imports in MY2017/18 were 320,000 MT. Uruguay is the largest exporter of rice to Peru, a position it has held historically due to a longstanding relationship between the main Uruguayan supplier and Peru’s major importer. The former is said to supply advantageous credit conditions. U.S rice is currently not price competitive in the Peruvian market.