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    Home > Food News > Food Articles > The Philippines imports 2 million tons of rice from Vietnam

    The Philippines imports 2 million tons of rice from Vietnam

    • Last Update: 2022-10-02
    • Source: Internet
    • Author: User
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    Rice is exported to China
     
    According to the latest statistics of the General Administration of Customs, the national rice export volume in August reached 718,081 tons, the export volume reached 339.
    56 million US dollars, the average export price reached 472.
    9 US dollars / ton, and the export volume and export volume increased by 23.
    3% and 19%
    respectively year-on-year.
     
    In the first eight months of this year, the country's cumulative rice exports reached 4.
    79 million tons, with an export volume of 2.
    32 billion US dollars, with exports and exports increasing by 20.
    7% and 9.
    9% respectively year-on-year, and the average export price was 486.
    5 US dollars / ton, down 9%
    year-on-year.
     
    With regard to export markets, the Philippines ranks among the largest export markets
    for rice in Vietnam.
    In the first eight months of this year, Vietnam's rice exports to the Philippines amounted to 230,000 tons, with an export volume of US$1.
    063 billion, an increase of 49.
    13% and 33.
    86%
    respectively year-on-year.
    China ranks second among Vietnamese rice exporters, with exports of 520,000 tonnes to the market amounting to US$269.
    21 million
    .
     
    At the same time, Cannes (Gana), Singapore, Hong Kong, Malaysia and Indonesia are also important rice export markets
    in Vietnam.
    (End)
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