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Major Customers and International Sales
12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Major Customers and International Sales

(6) Major Customers and International Sales

In 2020, there were three customers that accounted for 17%, 12% and 10%, respectively, of the Company’s consolidated sales. In 2019, there were three customers that accounted for 18%, 14%, and 7% of the Company’s consolidated sales. In 2018, there were three customers that accounted for 12%, 9% and 8% of the Company’s consolidated sales.

The Company primarily sells its products to distributors, buying cooperatives, other co-operative groups and, in certain territories, end users, and extends credit based on an evaluation of the customer’s financial condition. The Company had three significant customers who each accounted for approximately 8%, 4% and 3% of the Company’s receivables as of December 31, 2020. The Company had three significant customers who each accounted for approximately 13%, 12% and 6% of the Company’s receivables as of December 31, 2019. The Company has long-standing relationships with its customers and the Company considers its overall credit risk for accounts receivables to be moderate.

International sales for 2020, 2019 and 2018 were as follows:

 

 

 

2020

 

 

2019

 

 

2018

 

South and Central America

 

$

102,281

 

 

$

111,106

 

 

$

86,172

 

Mexico

 

 

33,517

 

 

 

28,835

 

 

 

24,578

 

Asia

 

 

19,290

 

 

 

15,554

 

 

 

14,828

 

Canada

 

 

10,572

 

 

 

11,637

 

 

 

3,403

 

Australia

 

 

9,902

 

 

 

2,798

 

 

 

2,635

 

Africa

 

 

6,072

 

 

 

6,750

 

 

 

8,027

 

Middle East

 

 

3,054

 

 

 

2,392

 

 

 

3,256

 

Europe

 

 

2,292

 

 

 

6,889

 

 

 

11,059

 

 

 

$

186,980

 

 

$

185,961

 

 

$

153,958