Vietnam exports 2.66 mln tonnes of rice in first half

Vietnam exported nearly 2.66 million tonnes of rice in the first half this year with free-on-board value of US$1.65 billion, reported the Vietnam Food Association.

vietnam exports 2.66 mln tonnes of rice in first half hinh 0

The figures were up 0.25% in volume and 1.85% in value, respectively. 

The growth was attributed to increased demand and limited supply. Notably, japonica rice export saw the highest increase by around 300% year-on-year, accounting for 4.57% of Vietnam’s total rice export compared to around 1% in late 2015. 

Japonica rice was shipped mostly to Australia, making up 5.24% of market share. 

However, Vietnamese rice was predominantly delivered to Asia (about 70%), including China (43.8%), the Philippines, Malaysia and Singapore. 

Premium white rice, glutinous and broken rice shipments also went up 34%, 51% and 127%, respectively. 

Among exported rice in the six months, jasmine rice made up 28.8%, followed by premium white rice (28.6%). 

As of June 30, 1.46 million tonnes of rice were registered for export but yet to be delivered, roughly 490,000 tonnes of which will be shipped to Cuba, Malaysia and Bangladesh.

VNA

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