Illustrative image (Source: VNA)Thefigures represented a rise of 25 percent in volume but a 20.3 percent drop invalue compared to 11 months in 2015, according to the ministry, adding that theslow-down of rice export activity was due to decreased demand of rice in theworld.
China,the largest market of Vietnamese rice, bought 36 percent of Vietnam’s totalexported rice. However, the official export quota to the market for this yearwas finished.
Notingthat Vietnam’s rice export is facing many difficulties, MARD Deputy MinisterTran Thanh Nam asked the Department of Agro-Forestry-Fishery and Salt Industryto promptly organise a working trip to the Philippines to seek solutions to increaseexports to the market.
Healso asked for measures to find a way to continue exporting rice to China. In thefirst 10 months of 2016, Vietnamshipped to China1.51 million tonnes of rice for 678.7 million USD, down 22.5 percent in volumeand 13.7 percent in value over the same period last year.
Ghanais the second market of Vietnam with 11.5 percent of market share. Vietnamexported 442,200 tonnes to the market for 217.1 million USD, up 38.6 percent involume and 33.3 percent in value. Meanwhile, the fourth largest market, Indonesia, sawa surge of 53.5 percent.
Similarto China, downturn was seen in many other markets, including the Philippineswith 61.6 percent, Malaysia, 51.5 percent, Singapore, 34.1 percent, the IvoryCoast, 29.1 percent, and the US, 28.3 percent.
InNovember, rice price in the Mekong Delta region experienced a slight rise of100-300 VND per kilo.-VNA
VNA
