Panjiva: Floods in Thailand likely to mean higher US prices for shrimp and rice

Such items as coconuts, shrimp, and rice may cost more because of supply-chain disruptions caused by massive flooding in Thailand.

That’s one conclusion that can be drawn from an analysis by Panjiva. A firm with offices in New York and Cambridge, Panjiva uses technologies developed under the leadership of company cofounder James Psota, a computer scientist from the Massachusetts Institute of Technology. With those technologies, Panjiva analyzes bills of lading for ships bringing goods to the United States.

According to Panjiva, coconuts from Thailand have accounted for 32 percent of the item’s total shipments to the United States since July 2007. The comparable figures for shrimp, rice, and pineapples are 27 percent, 26 percent, and 25 percent, respectively. Thailand also accounts for 10 percent of the furniture shipped to the United States.


The impact of the Thailand floods means that companies will have to scramble to find large quantities of such items — and likely have to pay higher prices, Panjiva said.

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