Bắc Ninh
Rice exports to set record of 9 million tonnes this year
Rice exports are likely to hit a record high of 9 million tonnes in 2024, given a total volume of nearly 8.5 million tonnes shipped abroad in the first 11 months, according to insiders.
Statistics from the Ministry of Agriculture and Rural Development show that Vietnam exported 700,000 tonnes in November for 444.9 million USD, bringing the total volume and value in the 11 months to nearly 8.5 million tonnes and 5.31 billion USD, up 10.6% and 22.4% respectively year-on-year.
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Vietnam exports 700,000 tonnes of rice in November. |
The Philippines was the largest importer of Vietnamese rice in the first 10 months of this year, accounting for 46.1% of the market share. It was followed by Indonesia and Malaysia, with respective proportions of 13.5% and 8.2%.
Compared to the same period last year, the value of rice exports to the Philippines surged by 59.1%, while shipments to Indonesia and Malaysia increased by 20.2% and 2.2 times, respectively.
Among the top 15 markets, Vietnam saw the strongest rice export growth in Malaysia. Conversely, China experienced the sharpest decline, with a 71.3% drop.
This marked the first time Vietnam’s rice export value has exceeded 5 billion USD, as the average export price in the first 11 months of 2024 reported a year-on-year rise of 10.6% to around 627.9 USD per tonne.
BAC GIANG - Although the fruit growing area in Bac Giang province were severely affected by storm No. 3, thanks to proper care, some pomelo gardens in the province have recovered and now can be harvested.
A team of four Vietnamese expatriates in Angola has successfully cultivated Vietnam’s Khang Dan rice on African soil for the first time.
The government has just issued Decree No. 112/2024/ND-CP, dated September 11, 2024, detailing regulations on rice land. It clearly states policies to support rice production, investment in building infrastructure for high-quality rice production planning areas, and rice production projects to reduce greenhouse gas emissions, etc.
Vietnam exported over 7 million tonnes of rice worth 4.37 billion USD in the first three quarters of 2024, up 9.2% in volume and 23.5% in value compared to the same period last year, the Ministry of Agriculture and Rural Development (MARD) has reported.
KD Trading, a logistic company run by two Vietnamese-Canadians, has become the sole partner to distribute ST25 rice (Mr. Cua's rice) in the Canadian market.
Vietnam exported 6.16 million tonnes of rice in the first eight months of this year, up 5.9% over the same period last year, the Ministry of Agriculture and Rural Development (MARD) has said.
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