Vietnam's January-November rice exports hit record high since 1989-Xinhua

Vietnam's January-November rice exports hit record high since 1989

Source: Xinhua| 2023-12-06 17:47:30|Editor: huaxia

HANOI, Dec. 6 (Xinhua) -- Vietnam's rice exports in the first 11 months of 2023 hit a record high since 1989, Vietnam News Agency reported Wednesday.

According to the country's General Statistics Office, Vietnam exported nearly 7.8 million tons of rice with a turnover of 4.4 billion U.S. dollars from January to November.

Many experts forecasted that the Southeast Asian country's rice exports would reach 8 million tons with a total value of 4.6 billion dollars in 2023, surpassing the target of 7 million tons set at the beginning of this year.

The prices of Vietnamese export rice have also recently soared to a new record.

According to the Vietnam Food Association, in the last two weeks, Vietnamese rice was sold at 663 dollars per ton, higher than Thai rice (632 dollars per ton) and Pakistan's rice (600 dollars per ton).

Chookiat Ophaswongse, honorary president of the Thai Rice Exporters Association, said despite high prices, Vietnamese rice is welcomed by importers thanks to its quality, particularly its freshness. Vietnamese rice products are exported immediately after being harvested.

Last week, Vietnam's Ong Cua ST25 rice won the first prize at the World's Best Rice 2023 competition.