Vietnamese ST24 and ST25 rice can compete with Thai rice in Poland

Published 2021년 5월 30일

Tridge summary

The online trade conference beween Vietnam and Poland on May 27 highlighted the strong demand in Poland for Vietnamese agricultural products such as rice, pangasius, basa fish, shrimp, mango, pineapple, passion fruit, coffee, and cashew nuts. The Free Trade Agreement (FTA) between Vietnam and the EU (EVFTA), of which Poland is a member, is expected to further boost Vietnamese agricultural exports to Poland. The EVFTA will progressively eliminate import taxes on Vietnamese goods exported to the EU, providing Vietnamese products with a price advantage over competitors from China and other Asian countries, and is expected to increase the competitiveness of Vietnamese goods in the Polish market.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

At the online trade conference on Trade Promotion and Business Cooperation between Vietnam and Poland on May 27, Mr. Nguyen Thanh Hai, Counselor, Vietnam Trade Office in Poland, said that the country currently has a need There is a great demand for products of Vietnam's export strengths such as rice, pangasius, basa fish, shrimp, mango products, pineapple, passion fruit, coffee, cashew nuts... In particular, rice products, especially ST24 and ST25 rice, are able to compete with Thai rice in terms of quality and price. Currently, the CIF price of these Vietnamese rice products to European countries is 2-3% lower than that of Thai rice, including import tax. “Vietnamese rice in the EU accounts for only 6%, while Thailand and Cambodia are much higher. Thus, Vietnam's quota of 80,000 tons to the EU under EVFTA commitments is a very small volume compared to the average import demand of 2.3 million tons/year of EU countries and the United Kingdom. Thanh Hai information. Deeply processed ...

Source: Vietnambiz