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In 2022, the rice industry in Vietnam has many advantages, the price may go higher

Rice
Vietnam
Published Jan 5, 2022

Original content

According to the General Department of Customs, in November 2021 rice exports to the main market of the Philippines dropped sharply by 23% in both volume and value compared to October 2021, reaching 210,222 tons, equivalent to the main export market. equivalent to 106.54 million USD. Behind the Philippines is the Chinese market, which also decreased by 4% in both volume and value, reaching 75,830 tons, equivalent to 34.87 million USD. , reached over 2.3 million tons, equivalent to 1.18 billion USD, the average price was 510.6 USD/ton, up 18.7% in volume, 29.3% in turnover and 8.9% in value. prices compared to the same period in 2020; accounting for 40% of the total volume and 38.8% of the total rice export turnover of the country., China ranked second with an export volume of nearly one million tons, export value of $494.72 million, average export price of 494.8 USD/ton, up 32.9% in volume, up 14.6% in turnover but down 13.8% in price over the same period in 2020; accounting for ...
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