Trade News

  • Rice exports fell in quantity and in value

  • Monday, 3/20/2017

  • AsemconnectVietnam - Vietnam’s exports of rice still fell, both in quantity and in value.

  • The country’s exports of rice were estimated at 402,705 tons worth of US$ 170.8 million in February and 738,153 tons worth of $ 314.2 million in the first two months of this year, down by 23.4 per cent in quantity and 24.7 per cent in value over the same period last year, showed the statistics figures of the General Department of Customs.
    China was still leading the list of the country’s major rice export markets in the first two months of this year with 242,361 tons worth of $ 112.8 million, up by 51 per cent in quantity and 57.6 per cent in value over the same period last year; and accounted for 35 per cent of the total.
    It was followed by the Philippines with 206,589 tons worth of $ 78 million, up by 54 per cent in quantity and 36 per cent in value year – on – year and accounted for 28 per cent of the total.
    The other big markets were Ivory Coast with 39,989 tons worth of $ 17.4 million; Malaysia – 30,248 tons worth of $ 11.8 million; Ghana – 19,520 tons worth of $ 9.7 million; and Singapore – 10,575 tons worth of $ 5.2 million.
              Vietnam’s rice exports in the first two months of 2017 – source: the General Department of Customs                                                                 
    Market
    First 2 months of 2017
    First 2 months of 2017 vs. same period of 2016 (%)
    Quantity (ton)
    Value (US$)
    Quantity
    Value
    Total
    738,153
    314,239,454
    -23.35
    -24.65
    China
    242,361
    112,764,790
    +50.82
    +57.63
    The Philippines
    206,589
    78,009,762
    +53.66
    +36.07
    Ivory Coast
    39,989
    17,372,888
    +9.66
    -15.09
    Malaysia
    30,248
    11,760,705
    -31.86
    -39.74
    Ghana
    19,520
    9,742,156
    -63.50
    -63.16
    Singapore
    10,575
    5,217,043
    -32.28
    -34.86
    Hong Kong
    8,077
    3,948,292
    -43.93
    -47.29
    Iraq
    7,523
    3,125,035
    *
    *
    The U.A.E
    7,005
    3,546,005
    +29.91
    +26.45
    Brunei
    5,901
    2,325,230
    +151.11
    +107.12
    Algeria
    5,145
    2,033,710
    +297.60
    +330.38
    The U.S
    3,298
    1,854,291
    -43.65
    -41.26
    Russia
    2,774
    1,034,041
    +5234.62
    +3364.70
    Angola
    2,270
    836,529
    -42.20
    -47.90
    Ukraine
    1,863
    755,342
    +3552.94
    +3482.88
    Chile
    1,781
    664,443
    +1448.70
    +858.83
    South Africa
    1,502
    579,846
    -29.08
    -28.59
    Australia
    1,470
    778,714
    +26.72
    +10.95
    Taiwan
    1,338
    696,970
    -72.74
    -68.39
    The Netherlands
    806
    363,554
    -40.74
    -42.70
    Senegal
    309
    173,720
    *
    *
    Poland
    308
    149,655
    -52.76
    -51.72
    France
    82
    76,445
    +110.26
    +147.92
    CK
    Source: VTIC

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