April’s rice exports fail to meet target

Rice exports failed to meet the target of 700,000 tonnes for April due to a fall in most markets.

A rice conveyor at the Tan Tuc Food Processing Company in Ho Chi Minh City (Photo: VNA)

In April the Vietnam Food Association (VFA) said that 60 percent of rice exports were destined for China, and shipments to China rose by 51 percent.

However, the total volume of rice fell in most markets, particularly in Africa, leading to the Vietnamese failure to reach its monthly target, VFA said.

In recent years, China has become the largest import market of Vietnamese rice due to increasing demand and its close geographical proximity as a neighbour.

Vietnam plans to ship abroad 6.2 million tonnes of rice in 2014, excluding the amount transported over land via border gates with China, the association said.

Source: VNA

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