Vietnam’s rice exports decreased by nearly 20% in volume and more than 20% in value compared to the previous month.

According to the General Department of Customs, Vietnam’s rice exports in May 2021 reached more than 626 thousand tons, with a turnover of more than 339 million USD, down nearly 20% in volume and more than 20% in value compared to the previous month. In the first 5 months of 2021, Vietnam’s rice exports reached nearly 2.6 million tons, with a value of more than 1.4 billion USD, down 15.4% in volume and 5.3% in value compared to the same period last year. According to the Department of Agricultural Product Processing and Market Development (Ministry of Agriculture and Rural Development), the Philippines is still Vietnam’s largest rice consuming market in the first 4 months of this year with 35.6% market share when reaching more than 715 thousand tons, turnover of more than 381 million USD, down 20.7% in volume and down 4.9% in value compared to the same period in 2020… Source tienphong.vn

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