China is Vietnam’s largest rice consumer
(VOV) -China imported 1.135 million tonnes of Vietnamese rice worth US$472.4 million in the first five months of 2013, making it the largest consumer of Vietnamese rice.
The figures represent year-on-year increases of 27.8% in volume and 24.1% in value, according to the Vietnam Food Association (VFA).
Rice exports to Singapore, Hong Kong and Angola also rose steadily by 38.7%, 24.4% and 151.6% respectively.
China accounted for 36.4% of Vietnam’s total rice exports followed by the Philippines, Malaysia (6.6%), Singapore (5.2%) and the Ivory Coast (4%).
As of July 4, Vietnam shipped nearly 4.2 million tonnes of rice abroad for nearly US$1.9 billion.