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Economy

4M rice exports at $1.56bln

Chu Khoi Tuesday | 05/23/2023 14:19

Over 2.95 million tons of rice exported in the opening four months of the year. Photo by VnEconomy.

Rice exports in the first four months of 2023 stood at 2.95 million tons, for revenue of $1.56 billion, figures from the General Department of Vietnam Customs show.

The result represents a year-on-year increase of 43.6 per cent in volume and 54.5 per cent in value; the highest growth among key agricultural exports.

The Philippines remained Vietnam’s largest importer, with rice exports totaling $647.5 million in the period, up 53.4 per cent year-on-year. Following was China, with $292.5 million, surging 88.2 per cent year-on-year.

The average rice export price in the first four months was $526 per ton.

Source: VnEconomy

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