An Giang rice targets US$325 million export turnover in 2024
VOV.VN - Rice from the Mekong Delta province of An Giang has so far made its presence in 60 different markets around the world, with the locality aiming for this year's rice export turnover to reach US$325 million.
According to a report released by the Department of Industry and Trade of An Giang province, the average annual rice cultivation area stands at about 630 thousand hectares, with the output being over four million tonnes per year, with high quality rice varieties accounting for 80% to 90% and making up roughly 10% of the country's annual rice output.
The locality has seen 14 out of 167 enterprises granted certificates of eligibility for rice export business, with an actual milling capacity of over 3.2 million tonnes per year. Currently, rice products are present and have created a positive reputation in major markets around the world.
Last year saw the province's export turnover stand at an estimated US$1.179 billion, up 2.75% over the same period from the previous year and exceeding 0.3% compared to the overall plan.
As for rice, local enterprises have exported to 60 different markets around the world with nearly 580 thousand tonnes, equivalent to US$339 million, an increase of over 9% in output and nearly 16% in turnover compared to the same period from last year.
The highlight of An Giang's rice exports in 2023 was Loc Troi Joint Stock Company, which received an order for up to 400,000 tonnes of rice exported to the EU market.
An Giang rice is promoting exports to the Indonesian and Chinese markets which have seen an increase in demand for rice. Besides, An Giang rice is also exported to the Philippines, Malaysia, Australia, Russia, and Bangladesh.
In order to achieve these results, businesses in An Giang province have proactively built raw material areas, whilst also enhancing connectivity with farmers and supporting them in improving the quality of commercial rice in order to meet the requirements of demanding markets.
To support rice export activities, Nguyen Thanh Huan, deputy head of the provincial Department of Industry and Trade, proposed that ministries and relevant agencies establish quick information channels on rice import needs of countries.
Currently, the An Giang administration working in co-ordination with provincial businesses is carrying out a project aimed at building and developing the locality’s rice brand until 2025 with a vision towards 2030.
After having branded rice products, Thanh Huan is set to ask the Ministry of Industry and Trade to support An Giang as it strives to promote both advertising and consumption as a way of increasing the overall value of the province's rice products in the coming time.
