Indonesia surpasses China to become Vietnam's second-largest rice export market

According to data from the General Department of Customs, in October 2023, Vietnam exported 635,102 tons of rice, worth 406.8 million USD, an increase of 4.9% in volume and 7.7% in value compared to with last month. Accumulated through May 10, our country's rice exports reached nearly 7.05 million tons with a turnover of 3.95 billion USD, an increase of 15.9% in volume and an increase of 34% in turnover compared to the same period last year. . Thus, rice export turnover has now set a new record milestone, far exceeding the figure of 3.45 billion USD achieved in the whole year of 2022. This result also helps Vietnam surpass Thailand by 6.88 million tons to rising to become the second largest rice exporter in the world. In 10 months, the Philippines is our country's largest rice export market with a volume of 2.63 million tons, worth 1.4 billion USD, down 4% in volume but up 11.1% in value compared to the previous year. same period last year, reaching 2.63 million tons, worth 1.4 ...