News

China reduces imports of glutinous rice but increases purchases of fragrant rice from Vietnam

Rice
China
Vietnam
Published Sep 9, 2022

Tridge summary

According to data of the General Department of Vietnam Customs, China is currently the second largest rice consuming market of our country, however, rice exports to this market in the first 7 months of the year fell sharply by 27.5% in value. volume and decreased 28.2% in value over the same period last year, reaching only 466,225 tons with a value of USD 242.74 million.

Original content

The fact that China maintains the policy of "Zero COVID" blockade to prevent epidemics has significantly affected the demand for sticky rice, the main export category of Vietnam to this market. It is known that glutinous rice is still the most exported type of Vietnam to China in the past 7 months with a volume of 223,464 tons, but compared to the same period, a sharp decrease of 53.1%. The share of sticky rice in Vietnam's total rice exports to China has fallen to 48% from 74% in the same period. Currently, Vietnam is the largest sticky rice exporter to China and at the same time this is also the number 1 sticky rice consumption market of Vietnam, accounting for more than 60% of the proportion. In China, glutinous rice is mainly used to make dumplings, porridge and desserts, but due to the epidemic, the movement of Chinese people has many restrictions and this has reduced consumer demand. for foods made from glutinous rice. However, the positive thing is that China has ...
Source: Vinanet
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