Rice exports top $3.8B in 8 months
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Vietnam exported 6.16 million tons of rice worth nearly US$3.85 billion in the first eight months of this year, the Ministry of Agriculture and Rural Development (MARD) has said.
This marked a 5.9% increase in volume and a 21.7% growth in value from the same period last year.
According to the MARD, along with the increase in output, the average rice export price in the period also rose about 14.8%, reaching $625 per ton.
In the domestic market, prices of many types of rice in the Mekong Delta region remained stable last week compared to the previous week.
Specifically, prices in the Mekong Delta province of An Giang remained unchanged for popular varieties such as Dai Thom (fragrant rice) 8, OM 5451 and OM 18.
Regular rice retails at VND15,000-16,000 (US$0.6-0.64) per kilogram, while long-grain fragrant rice is sold at about VND20,000-21,000.
Questions & Answers
Q.What was the total value of Vietnam's rice exports in the first eight months of this year?
What was the total value of Vietnam's rice exports in the first eight months of this year?
Vietnam exported rice worth nearly US$3.85 billion during the first eight months of this year. This figure was provided by the Ministry of Agriculture and Rural Development.
Q.How did the volume and value of rice exports compare to the same period last year?
How did the volume and value of rice exports compare to the same period last year?
Compared to the same period last year, the volume of rice exports increased by 5.9%. The value of these exports saw a significantly higher growth, rising by 21.7%.
Q.What was the average price per ton of exported rice during this period?
What was the average price per ton of exported rice during this period?
The average rice export price during the first eight months of the year reached $625 per ton. This represented an increase of about 14.8% over the period.
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