China accounts for 41.75% of Vietnam's rice export
Updated: 2014-06-06 11:08
(Xinhua)
|
||||||||
HANOI - China remained Vietnam's largest rice importer in the first four months of 2014, accounting for 41.75 percent of Vietnam's rice export, said Vietnam's Ministry of Agriculture and Rural Development (MARD) on Thursday.
According to the MARD's latest report, during the January-April period, China imported some 913,957 tons of Vietnamese rice, worth $392.46 million, up 2.39 percent in volume and 4.94 percent in value year on year.
|
|
In May, Vietnam sold 591,000 tons of rice worth $259 million to overseas markets.
During the first five months, the country earned $1.19 billion from exporting 2.65 million tons of rice, down 7.3 percent in value and 10.2 percent in volume year on year, said the report.
The decrease of Vietnamese rice exports during the period resulted from remarkable decline in demand of several Vietnamese rice markets including Malaysia, Ivory Coast and Singapore, assessed Vietnam Industry and Trade Information Center (VITIC) under the Ministry of Industry and Trade.
Vietnam Food Association was quoted by VITIC as saying that in 2014, Vietnam's rice export will face further difficulties with shrinking market and strong competition from Thailand.
According to Vietnam Trade Promotion Agency, Vietnam is one of the most important rice producers and exporters in the world. Rice plays the most important role among agricultural commodities in Vietnam in terms of food security, rural wages and employment, as well as export revenues.
In 2013, Vietnam earned $2.99 billion from exporting 6.72 million tons of rice. and it is expected to meet the target of exporting 7 million tons in 2014.
- Unrest in Vietnam shatters investor confidence
- Vietnam riots 'will hurt investment from China'
- China imports 60% of Vietnam's rice in April
- China remains Vietnam's 3rd largest export destination in January
- More Chinese investment boosts China-Vietnam trade ties
- Vietnam a fertile spot for growing Chinese factories
- Company signs UN business principles
- Caribbean overlooked for investing, tourism: panel
- Georgia helps Shandong climb up the value chain
- Low carbon never means low fun
- Times Square feat kicks-off summer of stunts
- Graduate wins ticket to go to China's American Idol
- Chinese-American kids win roles in Oliver!
- Teaching Chinese children self-esteem through dance
Most Viewed
Editor's Picks
Turning Africa's resources into rewards |
Long march to end employment bias |
Missing 'bracelet' sets safety alarm bells ringing |
Hidden dangers, ruined lives |
Meeting mummy in the valley of the giants |
The city that's not forbidden, just avoided |
Today's Top News
Experts call for closer Sino-US space exchanges
More Sino-US space co-op expected
Clinton 'love to see' female leader
Naval drill may calm choppy ties with the US
Lenovo: Cyber issues won't derail IBM deal
US needs to reexamine NASA's China exclusion policy
G7 stops short of endorsing Japan's anti-China rhetoric
3 officers killed, 2 injured in Canada shooting
US Weekly
Geared to go |
The place to be |