Reuters reported on the 27th that Vietnam, the world's third-largest rice exporter, plans to slash exports. In 2030, the annual rice export volume will be only 4 million tons, which is a sharp drop of more than 40% from 7.1 million tons in 2022.
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Reuters reported on the 27th that Vietnam, the world's third largest rice exporter, plans to slash exports. In 2030, the annual rice export volume will be only 4 million tons, which is a sharp drop of more than 40% from 7.1 million tons in 2022. Vietnam's rice exports rank third in the world after India and Thailand. Vietnam's government has drawn up plans to reduce rice exports to 4 million tonnes a year by 2030, a 44 percent drop from last year, according to an official document reviewed by Reuters on May 26. The government document states that the plan aims to "increase the export of high-quality rice, ensure food safety in the country, protect the environment and adapt to climate change." The plan also forecasts that annual earnings from rice exports will shrink from $3.45 billion in 2022 to $2.62 billion in 2030. A rice trader in Ho Chi Minh City said, “Because of climate change, Vietnam’s rice cultivation area has been decreasing in recent years, and some farmers have ...
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