Vietnam: Rice exports shift towards reducing quantity and increasing quality

According to data from the General Department of Customs, Vietnam's rice exports in June reached 436.1 thousand tons, down 30.4% over the previous month and down 3.1% compared to June 2020. Generally, in the first 6 months of the year, our country's rice exports reached 3.02 million tons, worth 1.6 billion USD, down 14% in volume and 4% in value over the same period last year. Despite the decrease, Vietnam still ranks second in global rice exports because Thailand - the world's third largest rice exporter only exported 2.2 million tons of rice with a value of 1.38 billion USD in the first half. this year, down 21% in volume and 28.1% in value over the same period in 2020. According to President of the Thai Rice Exporters Association (TREA) Charoen Laothammathat, compared to the target set for the whole year. 2021 is 6 million tons with a value of 5 billion USD, Thailand can only export 5.7 million tons of rice this year. The strengthening Thai baht and drought have made Thai rice ...