Vietnam shipped abroad some 3.76 million tonnes of rice worth 1.69 billion USD between January and September, dropping 16.4 percent in volume and 12.5 percent in value from a year earlier.
Workers stack up rice sacks for delivery in the Mekong Delta province of Dong Thap (Photo: VNA)
Hanoi (VNA) – Vietnam shipped abroad some 3.76 million tonnes of rice worth 1.69 bi💟llion USD between January and September, dropping 16.4 percent in volume and 12.🐻5 percent in value from a year earlier.
About 396,000 tonnes of rice was exported in September, bringing home 176 million USD, according to the Ministry of Agriculture and Rural Development.
During the first eight months of 2016, though China’s purchase of Vietnamese rice declined 21.4 percent in volume and 12.3 percent in value (to 1.18 million tonnes and 538 million USD) year on year, the country remained the biggest importer of this farm produce of Vietnam.
China was followed by Ghana, which imported 343,000 tonnes worth 166.4 million USD, up 36.9 percent in volume and 30.6 percent in value.
Notably, Indonesia’s import of Vietnamese rice shot up 24.3 times in volume and 25.4 times in value, with 359,000 tonnes and 142.5 million USD.
Meanwhile, sharp falls were seen in the value of rice export to the Philippines (down 67.4 percent), Malaysia (43.3 percent), Singapore (35.7 percent), Ivory Coast (25.3 percent) and China’s Taiwan (14.1 percent).
The agriculture ministry said the win of a bid to supply 150,000 tonnes of 25-percent broken rice to the Philippines didn’t affect the domestic market.
Rice prices in the Mekong Delta, the biggest rice hub of Vietnam, continued the downward trend in September due to the big inventory and poor sales while the harvest of early autumn-winter rice crop has begun.-VNA
Vietnam exported 432,000 tonnes of rice for 191 million USD in August, bringing the total volume and value in the first eight months of this year to 3.37 million tonnes and 1.51 billion USD.
Farmers in the Mekong Delta Water have planted rice on 497,000 hectares in the Autumn-Winter crop, 24,000 hectares more from the same period last year.
Vietnam and Thailand have won a bid to supply 250,000 tonnes of rice for the Philippines at 424.85 USD per tonne, 0.15 USD lower than the set reference price of 425 USD.
Vietnam hopes to export 1.6 million tonnes rice in the four remaining months of the year, raising exports for the year to 4.9 million tonnes, said the Vietnam Food Association (VFA).
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