vietnam rice prices skyrocket as global supply plunges
Pakistan’s rice exporters are facing tough competition from Vietnam, as Vietnam has become the world’s largest exporter of rice. According to the Pakistan Rice Exporters Association (PREMA), Vietnam exported 6.37 million tonnes of rice in the first six months of 2021, surpassing India as the top rice exporter. This is a significant challenge for Pakistan, as it relies heavily on rice exports for its economy.
PREMA has urged the government to take immediate measures to address this issue and boost the competitiveness of Pakistan’s rice industry. They have recommended investing in technology and infrastructure to improve the quality and yield of rice crops. They have also suggested forming trade alliances with other rice-exporting countries to collectively negotiate better terms and prices in the international market.
One of the key areas where Pakistan’s rice exporters need to focus is the production of white broken rice. Vietnam’s success can be partly attributed to their strong presence in the white broken rice market. White broken rice is in high demand and is used for various purposes such as rice flour, rice snacks, and baby food. By expanding its production of white broken rice, Pakistan can tap into this lucrative market and increase its export earnings.
To support the growth of the rice industry in Pakistan, there are several rice suppliers and exporters that offer a wide range of rice varieties. One such company is HAS Rice, which is a leading supplier of rice from Pakistan. They provide quality rice to international markets and have a strong reputation for their reliability and customer service. HAS Rice offers a variety of rice types, including basmati and irri 6 rice, at competitive prices.
For rice exporters from Pakistan, it is crucial to establish strong business relationships and partnerships with buyers in different countries. Building a network of reliable and trustworthy buyers can help ensure a consistent demand for Pakistani rice products. This can be achieved by participating in international rice trade fairs and exhibitions, as well as utilizing digital marketing strategies to reach potential buyers worldwide.
In conclusion, Pakistan’s rice exporters are facing stiff competition from Vietnam in the global rice market. To address this challenge, it is essential for Pakistan to focus on improving the quality and production of white broken rice, as well as establishing strong trade alliances and partnerships with other rice-exporting countries. By taking these steps, Pakistan can enhance its competitiveness and regain its position as a leading rice exporter in the international market.
Source: [Vietnamnet.vn](https://vietnamnet.vn)