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Vietnam exported nearly 7.2 million tonnes of rice worth 3.49 billion USD last year, including many shipments navigating demanding markets such as Japan and the European Union (EU).

Vietnam exported nearly 7.2 million tonnes of rice worth 3.49 billion USD last year, including many shipments navigating demanding markets such as Japan and the EU.

Thailand is on course to overtake Vietnam as the world’s second biggest rice exporter this year, according to the Thai Rice Exporters Association (TREA).

Thailand earned 95.23 billion baht (2.54 billion USD) from exporting 5.41 million tonnes of rice in the first nine months of this year, up 40% in volume and 36% in value from the same period last year, according to the Ministry of Commerce.

About 6.07 million tonnes of rice worth 2.94 billion USD was exported in the first 10 months of 2022, up 17.2% in volume and 7.4% in value year on year, according to the Ministry of Agriculture and Rural Development (MARD).

Vietnam’s rice export is likely to surpass the target set for this year, according to the Vietnam Food Association.

Vietnam shipped some 2.64 billion USD worth of rice abroad in the first nine months of this year, according to the General Statistics Office.

Thailand’s rice exports are likely to exceed 8 million tonnes this year as flooding caused by Typhoon Noru had little impact and a weak baht has helped overseas sales, President of the Thai Rice Exporters Association (TREA) Chookiat Ophaswongse has said.

Prime Minister Pham Minh Chinh has requested relevant ministries and sectors to take appropriate measures to stabilise the market and rice prices, and ensure the interests of farmers after information that India will restrict rice exports. ​

Vietnam’s rice export is likely to surpass the target set for this year, the country earned nearly 2.4 billion USD from exporting 4.97 million tonnes of rice in the first eight months of this year, up 20.7% in volume and nearly 9.9% in value from the same period last year.

Vietnam’s rice export is likely to surpass the target set for this year, said Chairman of the Vietnam Food Association Nguyen Ngoc Nam.

Cambodia exported 389,000 tonnes of milled rice in the first eight months of 2022, netting more than 242.80 million USD, according to the Cambodia Rice Federation.

Vietnam exported roughly 4.08 million tonnes of rice in the first seven months of 2022 to earn over 1.99 billion USD, up 17.3% and 6%, respectively, against the same period last year, customs data shows.

Thailand’s rice exports in the first six months of this year surged 56.6% to 3.5 million tonnes, bringing in 60.93 billion THB (about 1.7 billion USD) in revenue, or 42.9% more year on year.

Vietnam exported nearly 4.2 million tonnes of rice in the first seven months of 2022, up 20.5% year-on-year, according to the Ministry of Agriculture and Rural Development.

The UK market still has considerable room for Vietnamese rice suppliers to boost exports thanks to the UK-Vietnam Free Trade Agreement (UKVFTA) tariff quota and the Vietnamese community of more than 100,000 people in the UK, a senior trade official has said.

Vietnam exported 3.52 million tonnes of rice in the first half of 2022, for a year-on-year rise of 16.2%, raking in about 1.72 billion USD. Rice was one of 28 commodities with export revenue exceeding 1 billion USD in the first half.

As many countries in the world have limited food exports to guarantee domestic food security, rice – a staple in most of Asia – is forecast to witness surging prices in the time ahead, which is said to be a chance for Vietnam – one of the world’s largest rice exporters.

Vietnam has recorded impressive growth in exports to Hungary in recent years, statistics showed.

Indonesia plans to ship abroad 200,000 tonnes of rice next month, reported local media.