Business

Vietnam's rice exports to Senegal remain low compared to demand

Despite being one of the primary supply sources for Senegal – a country with one of the highest per capita rice consumption rates in West Africa, Vietnam's rice exports to this nation remain modest.
Vietnam's rice exports to Senegal remain low compared to demand ảnh 1According to the Vietnam Trade Office in Algeria and Senegal, Vietnam shipped 12,000 tonnes of rice to Senegal in 2023, resulting in a turnover of 5.35 million USD, up 215% year-on-year. (Photo: nongnghiep.vn)
Hanoi (VNA) - Despite being one of the primary supplysources for Senegal – a country with one of the highest per capita riceconsumption rates in West Africa, Vietnam's rice exports to this nation remainmodest.

According to the Vietnam Trade Office in Algeria andSenegal, Vietnam shipped 12,000 tonnes of rice to Senegal in 2023,resulting in a turnover of 5.35 million USD, up 215% year-on-year. However, theamount is small compared to the African country’s purchase of 1.3 million tonnesof rice in that year.

Senegal imports between 900,000 and 1 million tonnes of thegrain annually, mostly low-priced 100% broken rice. Its main suppliersinclude India, Thailand, China, Pakistan, Uruguay, and Vietnam. Apart fromserving the domestic market of over 18 million people, the country also importsrice for re-export to neighbouring ones such as Mauritania, Guinea-Bissau, andGambia.

At the beginning of 2022, facing rising food prices, theSenegalese government implemented measures to maintain purchasing power,including abolishing VAT on imported rice and reducing import duties on brokenand regular rice to 2.7% from the previous 12.7%.

In the context of scarce supply and Senegal gearing up forpresidential elections in 2024, it is likely that the nation will increase imports ofbroken rice from Asia./.

VNA
#Vietnam's rice exports #Senegal #lower than deman #Vietnam Trade Office in Algeria and Senegal #Vietnam Senegal #vietnam news agency #vietnamplus Vietnam
Follow VietnamPlus

Related News

See more

VCCI Chairman Ho Sy Hung speaks at the Vietnam Corporate Sustainability Forum (VCSF) 2026 in Hanoi on October 5, 2026. (Photo: VNA)

Vietnam’s corporate sustainability forum calls for new growth paradigm

Breakthrough growth and sustainable development should be pursued as a shared journey in which the State creates an enabling environment, localities support businesses, enterprises take the pioneering role, science and technology provide momentum, and society as a whole participates.

Khanh Hoa province is rolling out infrastructure projects for the Van Phong Economic Zone. (Photo: VNA)

Khanh Hoa targets green, smart marine economy

The province aims for average annual GRDP growth of 11-12% during 2026-2030, with the digital economy accounting for 35% of GRDP and total factor productivity contributing more than 55% to growth. Labour productivity is expected to rise by an average of 11% annually.

Comb honey produced using Le Loc Quan’s interlocking-frame technique is well regarded for its quality and popular in the Korean market (Photo: VNA)

Scientific initiatives add value to Vietnamese farm produce

In 2026, the Vietnam Farmers’ Union (VFU) Central Committee honoured 42 “Scientists for Farmers” and presented 24 “Farmers’ technical innovation” awards for initiatives developed from practical production needs. The recognised works demonstrate the growing role of science and technology in improving production efficiency, increasing the value of farm produce and helping farmers access new markets.

Shoe sole production at Kepai Co., Ltd. (a Japanese-invested enterprise) in Tan Kim Industrial Park (Tay Ninh) (Photo: VNA)

Tay Ninh expands industrial space to attract investment

To date, Tay Ninh has 3,234 domestic investment projects with total registered capital of nearly 800 trillion VND and 2,152 FDI projects with total registered capital exceeding 27 billion USD, ranking seventh nationwide in FDI attraction.

The Thu Thiem peninsula, an area positioned as the core of Vietnam's international financial centre. (Photo: VNA)

Vietnam revises scheme to improve sovereign credit rating by 2030

Under the decision, Vietnam aims to become a developing country with modern industry and upper-middle income by 2030, while building a competitive and effective governance system and a dynamic economy driven by science, technology, innovation and digital transformation.

Rooftop solar power system at Kizuna JV Joint Stock Company in Tan Kim Industrial Park (Can Giuoc commune, Tay Ninh). (Photo: VNA)

Rooftop solar power development falls short of target: deputy minister

Deputy Minister of Industry and Trade Truong Thanh Hoai noted that rooftop solar power has several advantages, including short construction time, limited land requirements and reduced transmission losses. The Government has therefore promoted its development amid rapidly rising electricity demand, projected to increase by around 10% annually.

Intensive shrimp farming zone of Vietnam Clean Seafood JS Company. (Photo: VNA)

Agriculture, forestry, fishery sector continues to underpin economy

The performance reflected relatively broad-based growth, with fisheries, livestock farming and perennial crops emerging as key drivers. These areas helped the sector continue to underpin the economy, safeguard food security and contribute to exports, Dau Ngoc Hung, head of the NSO’s agriculture, forestry and fishery statistics division, said at a press conference in Hanoi on October 3.

Shoppers at the Vietnamese goods section of Co.opmart Ly Thuong Kiet supermarket in Ho Chi Minh City. (Photo: VNA)

Vietnam’s CPI rises 4.52% in first nine months of 2026

Speaking at a press conference in Hanoi on October 3, NSO Director Nguyen Thi Huong said the CPI in September rose 0.62% from the previous month, mainly due to higher domestic fuel prices following global energy price movements and tuition fee increases at some universities and private schools for the new academic year.

DEEP C Hai Phong Industrial Park is envisioned as a model of an eco-industrial park and sustainable development in Vietnam. (Photo published by VNA)

Hai Phong works to expand cooperation space, anticipate green investment

In line with the Politburo's Resolution No. 10-NQ/TW on boosting the foreign-invested economic sector, the northern port city of Hai Phong is stepping up economic, trade, and investment connections with Chinese partners, creating new growth opportunities and enhancing foreign direct investment (FDI).

The Yaris Cross SUV led Toyota Vietnam’s sales in September 2026, with 1,799 units sold, including 413 hybrid vehicles. (Photo: VNA)

Toyota sales surge 45% in Vietnam, hybrids sales double

Toyota Vietnam sold 7,114 vehicles in September, up 45% month-on-month, while hybrid sales doubled year-on-year in the first nine months of 2026, showing growing demand for hybrid vehicles as Vietnam’s auto market moves towards greater fuel efficiency and lower emissions.

A view of Bien Hoa 2 Industrial Park in Dong Nai city. (Photo: VNA)

Vietnam sees 149,700 new businesses in nine months

Vietnam recorded nearly 149,700 newly established enterprises in the first nine months of 2026, up 3.2% year-on-year, with total registered capital rising 32.7% to over 1.88 quadrillion VND (71.6 billion USD).