Exports to Philippines decreased sharply
Friday, February 21,2020AsemconnectVietnam - Vietnam’s exports of rice to the Philippines - the leading market of Vietnam's rice consumption in the first month of this year, dropped sharply by 39.3 per cent in volume and 32.7 per cent in turnover compared to January of 2019.
The country’s exports of rice to the Philippines - the leading market of Vietnam's rice consumption in the first month of this year dropped sharply by 39.3 per cent in volume and 32.7 per cent in turnover compared to January of 2019 to 135,233 tons, earning 61.38 million USD, accounting for 32.9 per cent of the country's total rice exports and accounting for 31.2 per cent of the total export turnover. However, rice export price to the Philippines increased by 10.9 per cent to an average of 453.9 USD per ton.
Rice exports to China also increased sharply by 121.3 per cent in volume and by 176.8 per cent in turnover, reaching 18,359 tons, equivalent to 10.78 million USD, the export price increased by 25.1 per cent, reaching 587 USD per ton.
Vietnam’s exports of rice in January of 2020 -source: VITIC – according to the figures of the General Department of Customs
Market
|
January of 2020
|
Vs. January of 2019
|
Percentage (%)
|
||
Volume (ton)
|
Value (USD)
|
Volume
|
Value
|
||
Total
|
410,855
|
196,457,230
|
-6.1
|
0.59
|
100
|
The Philippines
|
135,233
|
61,380,805
|
-39.3
|
-32.7
|
31.24
|
Iraq
|
60,000
|
31,740,000
|
|
|
16.16
|
Malaysia
|
26,978
|
12,433,697
|
101.19
|
63.2
|
6.33
|
China
|
18,359
|
10,776,461
|
121.3
|
176.8
|
5.49
|
Ghana
|
14,668
|
7,400,638
|
-11.51
|
-14.3
|
3.77
|
Mozambique
|
12,599
|
6,207,567
|
|
|
3.16
|
Singapore
|
6,219
|
3,242,067
|
-8.97
|
-16.1
|
1.65
|
Ivory Coast
|
5,891
|
2,737,806
|
-72.31
|
-73
|
1.39
|
Hong Kong (CN)
|
4,657
|
2,662,490
|
-84.07
|
-80.7
|
1.36
|
The U.A.E
|
3,597
|
1,926,670
|
-40.61
|
-41.4
|
0.98
|
Saudi Arabia
|
2,650
|
1,466,044
|
|
|
0.75
|
Australia
|
1,195
|
762,208
|
-14.4
|
-19.4
|
0.39
|
The U.S
|
1,057
|
714,533
|
-5.2
|
-3.77
|
0.36
|
Taiwan (CN)
|
689
|
361,299
|
35.36
|
44.61
|
0.18
|
Angola
|
699
|
354,421
|
102.61
|
157.1
|
0.18
|
Indonesia
|
800
|
336,575
|
-44.83
|
-49
|
0.17
|
Russia
|
500
|
250,363
|
646.27
|
566.9
|
0.13
|
The Netherlands
|
403
|
211,686
|
-25.78
|
-22.6
|
0.11
|
South Africa
|
424
|
205,481
|
6.27
|
-5.57
|
0.1
|
France
|
313
|
195,647
|
219.39
|
280.2
|
0.1
|
Poland
|
234
|
133,314
|
100
|
88.79
|
0.07
|
Senegal
|
92
|
65,320
|
-74.16
|
-61.6
|
0.03
|
Belgium
|
120
|
62,568
|
|
|
0.03
|
Algeria
|
78
|
48,204
|
56
|
51.82
|
0.02
|
Ukraine
|
48
|
31,760
|
-78.76
|
-77.2
|
0.02
|
Turkey
|
50
|
29,292
|
-33.33
|
-31.4
|
0.01
|
Spain
|
49
|
23,319
|
-51
|
-48.8
|
0.01
|
Reference exchange rate 3 VND
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