Vietnam export nearly 1 million tons of rice in 2.5 months

Since the beginning of 2013 until March 15, Vietnam has exported 906,173 tons of rice, earning US$411 million, according to the Vietnam Food Association (VFA) released on March 18.

The price of dried paddy rice in the Mekong Delta region is currently hovering around VND5,150-5,250 per kilo, with long grain rice being sold at VND5,350-5,450 per kilo.

Unhusked five-percent broken rice is selling for VND7,950-8,050/kg, while unhusked 15-percent and 25-percent broken rice are VND7,550-7,650/kg and VND7,250-7,350/kg, respectively.

The country’s average rice export prices in January fell by 20 percent compared to the same period last year.

2013 is proving to be a relatively difficult year for Vietnamese rice exports due to competition from other global rice producers such as Thailand and India.

The Mekong Delta of Vietnam alone exported 770,000 tons of rice in the first two and a half months of 2013, increasing 18 percent compared to the same period last year.

Asia is the largest market, consuming 65 percent of the total volume, followed by America, Africa, Europe ..

The average rice price has increased from VND5,200  to VND5,300 per kilogram in recent times.

The Mekong Delta plans to export between 6.5 and 6.8 million tons of rice in 2013

Source SGGPDTTC, translated by MT

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