Vietnam achieves highest rice exports in 32 years from January to November
Published on: December 7, 2023.
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Vietnam’s Rice Exports Hit a Record High in 2023
Vietnam’s rice exports have reached a record high since 1989, according to Vietnam News Agency. In the first 11 months of 2023, Vietnam exported nearly 7.8 million tonnes of rice, generating a turnover of US$4.4 billion. This figure is expected to surpass 8 million tonnes with a total value of $4.6 billion by the end of the year, exceeding the initial target of 7 million tonnes set at the beginning of the year.
Not only has Vietnam achieved impressive export numbers, but the prices of Vietnamese export rice have also seen a recent surge. Vietnamese rice is currently being sold at $663 per tonne, which is higher than Thai rice at $632 per tonne and Pakistani rice at $600 per tonne, according to the Vietnam Food Association.
Despite the high prices, Vietnamese rice is in high demand among importers due to its quality and freshness. This can be attributed to the fact that Vietnamese rice products are exported immediately after being harvested. Importers particularly appreciate the quality and freshness of Vietnamese rice.
In other news, Vietnam’s Ong Cua ST25 rice recently won first place at the World’s Best Rice 2023 competition.
This news comes as a testament to Vietnam’s position as one of the leading rice exporters in the world. The country’s rice industry has flourished, with numerous rice mills and suppliers in operation. Pakistan Rice exporters and rice suppliers from Pakistan have also played a significant role in the rice business in Pakistan. They have contributed to the growth of the industry and have established themselves as key players in the global rice market.
For more information on rice exporters and rice suppliers in Pakistan, visit websites such as hasrice.com and pakistanrice.com. These platforms provide comprehensive information on rice exporters, Pakistan rice suppliers, and Pakistani rice companies. Additionally, you can find detailed information on the prices of Pakistani rice and rice exports from Pakistan.
To explore a wide range of rice varieties, including white broken rice, basmati rice, and 25% broken rice, visit hasrice.com. This platform offers a vast selection of rice products and connects buyers with reliable rice suppliers. Moreover, hasrice.com also serves as a rice export company based in Karachi, Pakistan.
In conclusion, Vietnam’s rice exports have experienced tremendous growth, setting a new record in 2023. The country’s rice industry continues to prosper, with high-quality rice products making their mark in international markets. For more information on this topic, visit the source article here.
Source: https://www.thestar.com.my
