News

Rice exports to the United States skyrocketed

Rice
Vietnam
Published Jul 6, 2022

Tridge summary

According to the Ministry of Agriculture and Rural Development, the export volume of rice in the first six months of the year reached 3.52 million tons and 1.72 billion USD, respectively, up 16.2% in volume and 4.6% in value.

Original content

. The Philippines is still Vietnam's largest rice consumption market in the first 5 months of the year with 43.6% market share. Rice exports to this market in 5 months reached 1.27 million tons and more than 589 million USD, up 34.8% in volume and 17.7% in value over the same period last year. Along with the Philippines, the US is a market that increasingly prefers Vietnamese rice. Especially, in the first 5 months of the year, the amount of rice exported to this country increased by 71.3%, the highest increase among rice importing countries of Vietnam. According to the US Department of Agriculture - USDA, this market is very fond of fragrant and long-grain rice like Vietnam's ST25. This is the type of rice that has been imported to the US for nearly 2 years now. Similarly, the EU is also a region that increases imports of high-quality rice from Vietnam. In June, for the first time, 500 tons of rice branded "Vietnamese Rice" by Loc Troi were exported to Germany, the Netherlands ...
Source: VNExpress
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