Contributing to helping Vietnamese rice grains affirm their brand in Canada

Updated Sep 21, 2023
Canada has nearly 8 million people of Asian descent living and working, so it is considered one of the world's important rice import markets. Although the US is still the main partner in exporting this product to Canada, Vietnam has risen to 5th place in the list of countries exporting rice to this market due to its continuously increasing trade value. . Statistics from the Canadian border agency show that in the period 2018-2022, after the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) took effect, Vietnam's rice export value has increased. increased by more than 60%, up to nearly 9.5 million USD. In the first 6 months of 2023 alone, Vietnam's export value has increased by more than 35%, reaching a trade value of over 6 million USD, compared to the same period last year. However, Vietnamese rice currently only accounts for 3% in volume and more than 1.5% in value in the Canadian market, less than 1/10 of the market share of Thai rice. Therefore, ...
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