The world buys a lot, but Vietnamese rice benefits little
Rice
Vietnam
Published Mar 12, 2022
Tridge summary
Vietnam's rice exports in the first months of 2022 increased sharply in volume and value over the same period last year. Although orders increase, prices are good, but the cost of transportation (loading and unloading) increases, causing exporters to earn not much profit.
Original content
Vietnam's rice exports in the first months of 2022 increased sharply in volume and value over the same period last year. Although orders increase, prices are good, but transportation costs, loading and unloading ... increase, causing exporters to earn little profit. Countries increase purchases of Vietnamese rice Many exporters believe that the rice export market in the first two months of this year is more favorable than the same period last year. The reason: The armed conflict between Russia and Ukraine makes people in many countries continue to pay more attention to food reserves. Besides, many rice import markets have recovered, and many supply chains that were once broken are being reconnected. In particular, Vietnam continues to effectively exploit the advantages from the free trade agreement to boost rice exports to the EU. The quality of Vietnamese rice has changed in the eyes of importers, plus fragrant rice is exempt from tax of 30,000 tons, creating better competitive ...
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