According to the latest information from the Ministry of Agriculture and Rural Development, rice exports in the first 4 months of this year reached 2.05 million tons with a value of 1 billion USD, up 4.4% in volume but down 6% in value compared to the previous year. the same period in 2021. Notably, the Philippines continues to be Vietnam's largest rice consuming market with 42.6% market share.
Original content
According to the Ministry of Industry and Trade, in order to improve the efficiency of rice exports to ASEAN, the rice industry needs to review the import needs of each market in ASEAN, identify markets that consume high-quality rice at low prices, and consumer markets. In addition, Vietnam needs to focus on trade policies with countries in the region, taking full advantage of the advantages of the Free Trade Agreements (FTAs) between ASEAN and its partners. The market of the Philippines in particular and the ASEAN region in general is considered to have and is having a lot of room for Vietnam to grow rice exports. Ms. Nguyen Thi Thu Thuy, Deputy Director of the Export Support Center, Department of Trade Promotion (Ministry of Industry and Trade) said: In recent years, rice has been the main agricultural product of Vietnam exported to ASEAN. Among ASEAN countries, Vietnam's rice products are mainly exported to the Philippines. Not only in the first 4 months of 2022 but even in ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes.
To learn more about our cookies, please read our Privacy Policy.