The average rice export price went up by over 18% over the same period last year. The grain was sold at 959 USD per ton in Brunei, 868 USD in the U.S., 857 USD in the Netherlands, 847 USD in Ukraine, 836 USD in Iraq, and 831 USD in Turkey.
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Harvesting rice in Chau Thanh district, Tra Vinh province |
Most notably, in the first quarter, Vietnam's rice exports to France increased dramatically to 18,200 tons worth 19.1 million USD.
During the period, Vietnam shipped 46,000 tons to the European Union (E.U.), earning 41.4 million USD, an increase of nearly 118% over the same period last year.
The Vietnam Trade Office in the E.U. said Vietnam's specialty fragrant rice varieties such as ST25, ST24, Nang Hoa, and OM are favored in the market thanks to their standout quality, leading to their high prices there.
In the first three months of this year, Vietnam also exported up to 135,300 tons of rice to the American market, with a turnover of 94.5 million USD, up 299% year-on-year.
In the first half, Vietnam's rice exports reached 4.7 million tons, a rise of 10.4% year-over-year, and its export turnover reached nearly 3 billion USD, up 32%.
Source: VNA