Vietnam increases exports of fragrant rice to African markets

Published 2024년 11월 13일

Tridge summary

In 2023, Vietnam witnessed a notable growth in its rice exports to Africa, reaching 1.3 million tons with a value of US$788 million, marking a 6.3% increase in volume and a 27.7% increase in value from the previous year. The primary importers include Ivory Coast, Ghana, Senegal, and Cameroon, with fragrant rice becoming a popular choice due to its quality and price. To foster further growth, the Asia-Africa Market Department emphasizes the need for improved export management, policy adjustments, and quality enhancement by companies. This approach aims to not only increase the export volume and market share of Vietnamese rice but also to win the trust of African consumers by meeting their quality expectations and actively participating in rice promotion activities across the continent.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In 2023, Vietnam's rice exports to Africa reached 1.3 million tons, with a total export value of US$788 million, an increase of 6.3% and 27.7% respectively compared with 2022. It is expected that Africa will continue to be an important market for Vietnamese rice exports in the next few years, with huge potential. In Africa, Ivory Coast, Ghana, Senegal and Cameroon are the main importers of Vietnamese rice. Ivory Coast has always maintained its position as one of Vietnam's important rice import markets on the African continent. At present, Vietnamese rice is mainly exported through Louis Dreyfus, Olam, Phoenix, Platinum, Wilmar, WSGF, Stallion Previously, the rice exported by Vietnam to Africa was mainly long-grain white rice with 15% and 25% broken rice. In recent years, African importers have gradually increased their demand for Vietnamese fragrant rice due to its stable quality and competitive price. Du Henan, vice president of the Vietnam Food Association, said that in recent ...

Source: Foodmate