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    Home > Food News > Food Articles > Vietnam's rice exports release positive signals

    Vietnam's rice exports release positive signals

    • Last Update: 2021-08-13
    • Source: Internet
    • Author: User
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    (People’s Daily) In the first seven months of 2021, Vietnam’s rice exports reached 3.
    58 million tons, a year-on-year decrease of 10.
    6%; exports reached US$1.
    94 billion, a year-on-year decrease of 0.
    6%
    .
    Recently, the export price of rice has been on a downward trend, but according to the merchants, this is only a short-term fluctuation
    .
     
    Rice export prices are still likely to rise again in the future, but the most important thing is to control the new crown pneumonia epidemic to ensure smooth domestic transportation
    .
     
    According to statistics from the Institute of Agricultural and Rural Development Strategies under the Ministry of Agriculture and Rural Development, the export volume of rice in July 2021 reached approximately 550,000 tons, and the export value reached US$289 million
    .
     
    In the first six months of 2021, the Philippines is the largest rice consumer market in Vietnam, with a market share of 35.
    2%
    .
    Vietnam’s rice exports to this market amounted to 1.
    09 million tons, with an export value of 579.
    8 million U.
    S.
    dollars, a year-on-year decrease of 20.
    6% and 8.
    6% respectively
    .

     
      In the first six months, the market with strong growth in rice exports was Bangladesh, which increased by 141 times
    .
    In contrast, the market with the largest drop in rice exports was Indonesia, which fell by 60.
    5%
    .
    In the first six months of this year, the average export price of rice reached US$544/ton, an 11.
    6% increase over the same period in 2020
    .
     
      In terms of export varieties, the export volume of jasmine rice and fragrant rice accounted for 42.
    7% of the total rice export; white rice accounted for 38.
    2%; glutinous rice accounted for 16.
    4%
    .
     
      Du Henan, chairman and general manager of Intimex Group, said that although rice exports have declined, it is not the biggest difficulty
    .
    The current COVID-19 pandemic in the south is severe and complex, resulting in a shortage of loading and unloading workers.
    The company wants to order and no one does it, not to mention that if an employee or a batch of goods is found to be infected with COVID-19, all will be "frozen
    .
    "
     
      According to the Vietnam Food Association, many companies are facing difficulties in purchasing, processing and exporting due to strict implementation of anti-epidemic regulations
    .
    But this is only a temporary difficulty.
    Generally speaking, the demand for rice in the world market will increase, while the supply of major rice exporting countries such as India and Thailand will decrease
    .
    This is an opportunity for Vietnamese rice to promote exports
    .
     
      With the joint efforts of the Vietnamese government and various departments, the epidemic has been brought under control to a certain extent, and the difficulties faced by rice exports have gradually been resolved and a positive signal has been released
    .
    (Finish)
    Rice export price
     
      Rice export prices are still likely to rise again in the future, but the most important thing is to control the new crown pneumonia epidemic to ensure smooth domestic transportation
    .
     
      According to statistics from the Institute of Agricultural and Rural Development Strategies under the Ministry of Agriculture and Rural Development, the export volume of rice in July 2021 reached approximately 550,000 tons, and the export value reached US$289 million
    .
     
      In the first six months of 2021, the Philippines is the largest rice consumer market in Vietnam, with a market share of 35.
    2%
    .
    Vietnam’s rice exports to this market amounted to 1.
    09 million tons, with an export value of 579.
    8 million U.
    S.
    dollars, a year-on-year decrease of 20.
    6% and 8.
    6% respectively
    .

     
      In the first six months, the market with strong growth in rice exports was Bangladesh, which increased by 141 times
    .
    In contrast, the market with the largest drop in rice exports was Indonesia, which fell by 60.
    5%
    .
    In the first six months of this year, the average export price of rice reached US$544/ton, an 11.
    6% increase over the same period in 2020
    .
     
      In terms of export varieties, the export volume of jasmine rice and fragrant rice accounted for 42.
    7% of the total rice export; white rice accounted for 38.
    2%; glutinous rice accounted for 16.
    4%
    .
     
      Du Henan, chairman and general manager of Intimex Group, said that although rice exports have declined, it is not the biggest difficulty
    .
    The current COVID-19 pandemic in the south is severe and complex, resulting in a shortage of loading and unloading workers.
    The company wants to order and no one does it, not to mention that if an employee or a batch of goods is found to be infected with COVID-19, all will be "frozen
    .
    "
     
      According to the Vietnam Food Association, many companies are facing difficulties in purchasing, processing and exporting due to strict implementation of anti-epidemic regulations
    .
    But this is only a temporary difficulty.
    Generally speaking, the demand for rice in the world market will increase, while the supply of major rice exporting countries such as India and Thailand will decrease
    .
    This is an opportunity for Vietnamese rice to promote exports
    .
     
      With the joint efforts of the Vietnamese government and various departments, the epidemic has been brought under control to a certain extent, and the difficulties faced by rice exports have gradually been resolved and a positive signal has been released
    .
    (Finish)
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