Exports of rice increased 30% in first 7 months
Saturday, August 25,2018AsemconnectVietnam - Vietnam exported 3.93 million tons of rice worth of US$1.99 billion in the first seven months of this year, increased by 13.7 per cent in quantity and 30.5 per cent in value over the same period last year, showed the statistics figures of the General Department of Customs.
The average rice export price was at $499.1 per ton in July and $506.8 per ton in the first seven months of this year, increased by 14.8 per cent year – on – year.
China was leading, accounted for 23.6 per cent of the total market share with 926,961 tons worth of $491.01 million.
In the first 7 months of this year, Indonesia imported 770,046 tons of rice worth of $361.37 from Vietnam, increased by 50 times in quantity and 67.5 times in value over the same period last year.
Meanwhile, the exports of rice to Malaysia reached 338,182 tons worth of $154.52 million, up by 17.1 per cent in quantity and 39.4 per cent in value year – on – year.
In the first seven months of this year, Vietnam’s exports of rice to Turkey increased sharply by 443 per cent in quantity and 521 per cent in value to 4,497 tons worth of $2.59 million; to France – up by 285 per cent in quantity and 205.6 per cent in value to 751 tons worth of $0.56 million; to Poland – up by 126.7 per cent in quantity and 162.9 per cent in value to 1,435 tons worth of $0.84 million; to Iraq – up by 120.5 per cent in quantity and 153.5 per cent in value to 150,000 tons worth of $ 85.56 million.
However, the exports of rice to Senegal, Brunei, Chile and Bangladesh fell to 47 tons; 345 tons; 213 tons and 19,660 tons, respectively.
Rice exports in the first 7 months of 2018 - source: VITIC – according to the figures of the General Department of Customs
Market
|
First 7 months of 2018
|
First 7 months of 2018 vs. same period of 2017 (%)
|
||
Quantity (ton)
|
Value (US$)
|
Quantity
|
Value
|
|
Total
|
3,926,795
|
1,989,943,166
|
13.66
|
30.49
|
China
|
926,961
|
491,009,775
|
-32.84
|
-21.22
|
Indonesia
|
770,046
|
361,370,001
|
4.949.48
|
6.649.94
|
The Philippines
|
458,811
|
217,133,786
|
66.83
|
103.19
|
Malaysia
|
338,182
|
154,521,148
|
17.13
|
39.39
|
Ghana
|
192,351
|
113,509,456
|
2.87
|
20.26
|
Ivory Coast
|
153,187
|
89,447,685
|
1.54
|
33.49
|
Iraq
|
150,000
|
85,560,000
|
120.51
|
153.54
|
Singapore
|
49,967
|
27,939,183
|
-14.24
|
-2.92
|
Hong Kong (CN)
|
47,089
|
27,043,733
|
42.95
|
61.3
|
The U.A.E
|
27,671
|
15,213,687
|
4.37
|
11
|
Bangladesh
|
19,660
|
8,445,640
|
-90.17
|
-90.19
|
The U.S
|
12,063
|
7,511,231
|
-16.6
|
-2.09
|
Taiwan (CN)
|
11,796
|
5,965,093
|
-40.78
|
-33.54
|
Algeria
|
10,575
|
4,721,371
|
-61.15
|
-55.66
|
Russia
|
6,660
|
2,959,528
|
-64.99
|
-59.39
|
Australia
|
5,649
|
3,788,709
|
-3.1
|
14.29
|
Turkey
|
4,497
|
2,586,936
|
443.12
|
521.23
|
Angola
|
2,942
|
1,671,441
|
-78.22
|
-67.26
|
South Africa
|
1,897
|
1,098,441
|
-56.59
|
-42.07
|
The Netherlands
|
1,763
|
972,234
|
-32.94
|
-17.05
|
Poland
|
1,435
|
835,273
|
126.7
|
162.88
|
Ukraine
|
824
|
499,009
|
-83.16
|
-75.72
|
France
|
751
|
558,224
|
285.13
|
205.64
|
Spain
|
500
|
259,328
|
-21.51
|
-5.91
|
Belgium
|
495
|
292,182
|
-80.87
|
-72.63
|
Brunei
|
345
|
157,853
|
-96.88
|
-96.4
|
Chile
|
213
|
165,133
|
-95.12
|
-90.42
|
Senegal
|
47
|
33,493
|
-99.81
|
-99.58
|
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