Over 6 million tonnes of rice exported in 10 months

Vietnam exported 6.07 million tonnes of rice worth 2.94 billion USD in the first 10 months of this year. (Photo: VNA)

Hanoi (VNA) – About 6.07 million tonnes of riceworth 2.94 billion USD was exported in the first 10 months of 2022, up 17.2% involume and 7.4% in value year on year, according to the Ministry of Agricultureand Rural Development (MARD).

Export prices averaged 484 USD per tonne during the period,down 8.3% from the same period last year.

The Philippines was the biggest importer between January andSeptember, accounting for 43.9% of the total exports. It purchased 2.47 milliontonnes of Vietnamese rice worth 1.14 billion USD, respectively up 35.3% and22.2% from a year earlier.

Export revenue to Ivory Coast posted the fastest growth, over71%, in nine months. Meanwhile, shipments to Ghana witnessed the sharpest fall,nearly 33%, the MARD said.

In October alone, about 700,000 tonnes of rice was shippedabroad, bringing home 334 million USD. Export prices stood at 425 - 430 USD pertonnes, the highest since November 2021.

Due to lower domestic supply, traders forecast prices may beslightly higher in the short term, and rice exports will increase thisyear./.

VNA