The price of Vietnamese rice is the highest in 15 years

The world rice export market in 2023 will witness fluctuations after India ordered a temporary suspension of exports of non-basmati white rice, and also opened up opportunities for some countries such as Vietnam and Thailand to accelerate exports. rice import. Statistics show that India's rice shipments to the world have decreased by half since the country imposed export restrictions in July 2023. In the first 11 months of 2023, India's rice exports will reach 16.7 million tons, down 17.5% over the same period in 2022. However, the export turnover of this item only decreased slightly by 1.7%, reaching 9.5 million tons. 6 billion USD due to high rice prices. Recently, the United Nations banned Indian exporters from participating in rice procurement tenders for the World Food Program (WFP) because India had imposed restrictions on its rice exports. India, the world's largest rice exporter, accounting for 40% of international trade, imposed a ban on the export of broken rice in ...