Many countries increase imports of Vietnamese rice to increase grain reserves

Food Safety News 2020-07-28
Global Foodmate
 
According to the statistics of the Customs of Vietnam, Vietnam exported 3.5 million tons of rice in the first half of this year, with an export value of US$1.71 billion, a year-on-year increase of 4.4% and 17.9% respectively.

Affected by the COVID-19 epidemic, many countries have increased their imports of rice from Vietnam to increase their grain reserves. According to statistics, Senegal’s rice imports from Vietnam increased 18.3 times year-on-year, Indonesia and China increased 2.9 times and 2.3 times respectively. Spain and France imported rice from Vietnam increased by 2.68 times and 1.57 times respectively.

Currently, Philippines is the largest export market for Vietnamese rice, accounting for 39% of Vietnam's total rice exports in the first half of the year. The largest export market for Vietnamese glutinous rice is China, accounting for 75.6%.



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