Vietnam's export rice prices continue to maintain the leading position
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- Business
- 15:29 19/04/2022
DNHN - According to the Ministry of Agriculture and Rural Development, our country exported 1.48 million tons worth 715 million USD in the first quarter of 2022, an increase of 24 per cent in volume and 10.5 per cent in value over the same period last year.
In the world market, Vietnam's export rice price continues to maintain its leading position among rice exporting countries. Accordingly, 5% broken rice has increased from 12-15 USD/ton compared to the beginning of the year, to 415 USD/ton, the highest level in more than 3 months thanks to increased demand and production advantages.
In addition to traditional markets such as the Philippines (accounting for the largest proportion) China, Malaysia, the US, African countries, South Korea, etc., rice exports to Europe (EU) are expected to increase sharply in 2022. supported by the EU-Vietnam Free Trade Agreement (EVFTA).
Vietnam orients restructuring towards value promotion and sustainable development. The rice industry also aims to improve the quality and value of Vietnamese rice grains.
Bao Trang
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