Vietnam's rice exports in 8 months reached a record level

Published 2023년 9월 10일

Tridge summary

Vietnam's rice exports have increased by over 34% in value, totaling nearly $3.2 billion USD in the first eight months of the year. The Philippines, China, Indonesia, and Ghana were the top importers of Vietnamese rice during this period. However, there are concerns that the supply may not meet the high demand, with farmers selling too much rice and brokers causing disruptions in the market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This is the latest statistical data from Customs. This export level brings rice export turnover in 8 months to nearly 3.2 billion USD, an increase of more than 34% in value. Among import markets, the Philippines, China, Indonesia and Ghana imported the most Vietnamese rice with a growth rate of 3% to nearly 1,500% over the same period last year. In the last 4 months of this year, Vietnam's rice exports will still be boosted by the number of good orders from many new markets. However, export businesses are concerned that the supply is not enough to meet the demand. Speaking to VnExpress, the general director of a business in the Mekong Delta said that in the fourth quarter, the rice supply in the Vietnamese market did not change much. Meanwhile this year, demand in many countries increased dramatically. Last year, Vietnam exported 7.2 million tons of rice, of which, there was additional import from India of 500,000-700,000 tons, and 300,000 tons from Cambodia. This year, imports ...
Source: VNExpress

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