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Vietnam's rice export prices remained at the highest level in the world

 Last Update: 2022-12-30
 Source: Internet
 Author: User

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american food market

2 10 simplified

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At present, Vietnam exports more than 2.
7 million tons of rice to the Philippines, accounting for 45%, and generating more than US$1.
2 billion
in foreign exchange.
It is worth mentioning that Vietnam's rice exports to demanding markets have shown a sharp upward trend, such as the US market increased by 85% and the European Union increased by 82
%.

Vietnam exported more than 2.
7 million tonnes of rice to the Philippines, accounting for 45%, and earned more than US$1.
2 billion
.

Most notably, Vietnam's rice export prices have continued to rise, maintaining the world's highest level, surpassing Thailand's rice export prices
.
According to the Vietnam Food Association, the export price of rice with a broken rice rate of 5% was US$438/ton, up US$10/ton; The export price of rice with a broken rice rate of 25% was $418/ton, up $10/ton.

With this price, Vietnam's rice export price is about 20 USD/ton
higher than that of similar rice in Thailand.

According to agricultural experts, from the current situation, it is expected that Vietnam's rice export prices will remain high in the first few months of 2023 and may even continue to rise
.
(End)

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