August 08, 2020 | 16:23 (GMT+7)
Vietnam exports 3.9 million tons of rice in seven months
Vietnam exported 3.9 million tonnes of rice, earning USD 1.9 billion, in the first seven months of this year, according to the Department of Agro Processing and Market Development under the Ministry of Agriculture and Rural Development.
Export volume fell 1.4 percent but increased by 10.9 percent in value over the same period last year.
The department also said that in the first half of this year, the Philippines ranked first in Vietnam's rice export market with nearly 37 percent of total rice exports.
Vietnam exported 1.4 million tonnes of rice to the Philippines, raking in USD 635 million, up 13.3 percent and 30.5 percent, respectively, over the same period last year.
Other markets with strong growth in rice exports included Senegal (up 19.6 times), Indonesia (2.8 times) and China (nearly 90 percent).
Vietnam’s average rice export price in the first six months hit USD 487.6 per ton, 13 percent higher than the same period in 2019.
Source: VNA