Rice exports lag behind expectations

Vietnam exported 6,316 million ton of rice worth US$2,789 billion last year. The export volume lags behind the intended number of 7 million tons and becomes the lowest for the last four years, reported the Vietnam Food Association.

Rice harvest in the Mekong Delta province of Bac Lieu (Photo: SGGP)

The rice export last year reduced 300,000 tons in volume and US$100 million in value over 2013.

Meantime Thailand exported 9.49 million tons equivalent to US$4.69 billion in the first 11 months of 2014, an increase of 60 percent in volume and 18 percent in value over the same period in the previous year.

Rice prices remain low in the Mekong Delta ranging from VND6,700-7,000 a kilogram.

By Binh Dai – Translated by Hai Mien

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