Rice exports hit US$2.6 billion in ten months

(VOV) - Vietnamese rice exports reached 5.68 million tonnes, earning approximately US$2.6 billion in the first ten months of this year, down 2.7% in volume and up 1.2% in value over last year’s corresponding period.

The Ministry of Agriculture and Rural Development (MARD) reports in October alone, the country exported 669,000 tonnes of rice valued at US$317 million.

The average tonnage price of rice during the ten-month period increased 3.6% year-on-year to US$455.26.

China remained the largest export market for Vietnamese rice, making up 32.48% of market share.

It was followed by the Philippines at 22.06% market share, Malaysia (7.07%), Ghana (5.76%) and Singapore (3.19%).

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