Earning nearly half a billion dollars from rice exports

(HQ Online) - Exports continued to achieve positive results with turnover reaching 466.6 million USD, from the beginning of the year to February 15, 2024.

Chart: T.Binh.

According to newly released data from the General Department of Customs, in the first half of February (February 1-15), the country exported 150,944 tons of rice, with a turnover of 104.34 million USD.

The above results raised the total rice export volume from the beginning of the year to February 15 to 663,209 tons, with a turnover of 466.6 million USD.

Compared to the same period in 2023, the volume of exported rice increased by 14.4% (equivalent to an increase of more than 83,000 tons); while the turnover increased by 53% (equivalent to an increase of nearly 161 million USD).

The turnover increased higher than the volume, so the average rice export value in early 2024 also increased higher than the same period last year. Specifically, the average value reached more than 703 USD/ton, an increase of 33.65% (the same period in 2023 only reached about 526 USD/ton).

Thus, at the beginning of the new year 2024, rice exports will grow strongly in all three criteria: volume, turnover and average value.

Previously, 2023 recorded record numbers for rice exports. Specifically, last year, the volume of exported rice reached 8.1 million tons, up 14.4% and the turnover reached 4.68 billion USD, up 35.3% over the previous year.

In 2023, ASEAN is Vietnam's largest rice export market, accounting for 61% of the country's total rice exports with 4.9 million tons, an increase of 24% over the previous year.

In addition, Vietnamese rice exported to other markets such as China reached 917 thousand tons, up 8%; Ghana reached 587 thousand tons, up 32.9%...

Source: https://haiquanonline.com.vn/thu-gan-nua-ty-do-tu-xuat-khau-gao-183342.html