Vietnamplus

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.

Vietnam was looking for measures to expand rice exports to China after witnessing a fall in export volume to the market since 2018.

Rice exports are expected to recover in the second quarter of this year, boosted by encouraging market signs.

Vietnam shipped nearly 5 million tonnes of rice abroad in the first nine months of this year, earning 2.5 billion USD, up 8.5 percent in volume and 23.2 percent in value year-on-year, statistics show.

The export turnover of agro-forestry-fishery products in July was estimated at 2.85 billion USD, bringing the total value in the first seven months of 2018 to 22.2 billion USD, a year-on-year rise of 7.8 percent.

Vietnam shipped close to 122.4 million USD worth of rice products to Malaysia in the first five months of 2018, surging 177 percent from the same period last year.

Vietnam’s rice exports faced an unpredictable first quarter this year, increasing in January, declining in February and recovering in March.