Rice exports earn US$2.78 billion in 11 months

08:11, 27/11/2013

Vietnam exported 6.29 tonnes of rice for US$2.78 billion in revenue over the past 11 months, equivalent to a 16.1% fall in volume and 18.8% in value.

Vietnam exported 6.29 tonnes of rice for US$2.78 billion in revenue over the past 11 months, equivalent to a 16.1% fall in volume and 18.8% in value.

    The Ministry of Agriculture and Rural Development (MARD) reports approximately 441,000 tonnes of rice worth US$209 million were shipped abroad last month, valued at.

    Export rice prices averaged US$439.9 per tonne during the first 10 months of 2013, an increase of US$9 per tonne on last year’s average.

    China remained the largest importer of Vietnamese rice, purchasing 1.92 million tonnes worth US$800.76 million and contributing 31.1% of Vietnam’s total rice export earnings.

    The Vietnam Food Association says prices in the major Mekong Delta rice basket hovers around VND5,350–5,750 per kilogram.

    rice of 5% broken rice ranges from VND8,200 to VND8,300 per kilogram, 15% broken rice is sold for VND7,800–7,900 per kilogram, and 25% broken rice for  VND7,500–7,600 per kilogram.

    (Source:VOV)