VINAGRI News - Every year, Vietnam exports 8 to 9 million tons of rice, but mainly focuses on markets with high taxes, while many markets benefiting from 0% tax rates from free trade agreements remain underexploited. Why?Most of Vietnam's exported rice, around 60% of the total annual rice exports, is concentrated in the Philippines and Indonesia markets. As of now, Vietnam has participated in about 20 free trade agreements (FTAs), of which 16 have been implemented for a long time.New generation FTAs such as CPTPP (Comprehensive and Progressive Agreement for Trans-Pacific Partnership) or EVFTA (Vietnam - European Union Free Trade Agreement) offer great opportunities as many markets impose 0% or very low import taxes on rice.60% of rice exports go to high-tax countries!However, the reality shows that Vietnam's rice exports are still mainly concentrated in traditional markets in the region such as the Philippines and Indonesia - countries with relatively high import taxes - ...