Vietnamese rice exports to China soar

Vietnamese rice exports to China soar

The Ministry of Agriculture and Rural Products Market Processing and Development of Vietnam said that in March 2020, Vietnam’s rice exports to China accounted for the largest proportion, a three-fold increase year-on-year.

In April 2020, Vietnam’s rice exports to China reached 400,000 tons, with an export value of 185 million US dollars. In April 2020, Vietnam’s rice exports reached 1.92 million tons, with an export value of 886 million US dollars, a year-on-year decrease of 7.9% and 0.5%.

In March 2020, Vietnam’s rice exports to the Philippines were 5.942 million tons, an increase of 8.2%, and the export volume was US $ 257.2 million, an increase of 19.1%.

Previously, according to statistics from the General Administration of Customs, the total amount and amount of Chinese rice purchased from Vietnam increased by 7 times and 8 times before February 2020.

In March of 2020, the average price per ton of rice was US $ 461.9, an increase of 6.3% year-on-year.

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