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Vietnam's rice exports surge in January

 Last Update: 2022-03-03
 Source: Internet
 Author: User

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(NDO) In January this year, although Vietnam’s rice export value decreased compared with the previous month, it increased significantly compared with the same period last year
.
China is no longer Vietnam's second largest export market for rice
.

According to statistics from the General Administration of Customs, in January this year, Vietnam's rice export volume reached more than 505,000 tons, with an export value of more than 246 million US dollars.
The export volume increased by 3.
2% month-on-month, but the export value fell by 2.
8%
.

Compared with the same period last year, in January this year, Vietnam's rice export value and export volume increased by 45.
4% and 28.
2% year-on-year respectively.
The Philippines continued to be Vietnam's largest rice export market, followed by Ivory Coast and China
.

In January, Vietnam exported more than 56,600 tons of rice to Ivory Coast, with an export value of more than 23 million US dollars.
The export volume and export value increased by 424% and 252.
5% year-on-year respectively
.

　　Vietnam's rice exports to China exceeded 37,000 tons, with an export value of nearly US$19 million, down 36% and 37% year-on-year, respectively
.

　　It is predicted that the demand for food will increase substantially in the future
.
Therefore, the Vietnamese rice industry will have many opportunities to promote export growth
.
This is one of the important goals to reduce the pressure on farmers' rice consumption, increase the price of commercial rice, and help rice farmers increase their income
.
(over)

Rice exports to China

　　Vietnam's rice exports to China exceeded 37,000 tons, with an export value of nearly US$19 million, down 36% and 37% year-on-year, respectively
.

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