The advantage of cheap rice prices, good quality of India becomes a great pressure for major rice exporting countries such as Vietnam and Thailand. 2016 is a year which marked a milestone in terms of competition for export rice in the international market, which is comprehensively expressed from volume, quality to brand in the market. In It is used as a staple food in everyday Vietnamese cuisine and is one of the most valuable export commodities of the agriculture sector in the country. In 2021, Vietnam was the second-largest rice Vietnam Japonica Rice. The Vietnam Japonica rice, also known as "sinica" rice, is a short-grain variety of Japanese rice. While cultivated in different Asian countries such as China, Korea, Japan, and Taiwan, it is also grown in Vietnam's Dong Thap and An Giang provinces and is sold for export. This rice variety is round, hard, and thick. View details of Hybrid Rice exports shipment data HS code 10061010 to Vietnam from India in January with price, major Indian port, exporters, supplier, quantity and more. Country Duty; 18-Jan-2016: hyderabad air cargo: 10061010 : hybrid rice seed ( as per invoice & packing list) The Socialist Republic of Vietnam has resumed rice exports to the Philippines and other members of ASEAN to maintain adequate food supply in the region and cope with the COVID-19 pandemic. "We welcome the decision by Vietnam to resume its rice export policy and taking into account the difficulties faced by various stakeholders during this Vietnam was the second largest overseas market for Korean SMEs, only after China. Main export products to Vietnam were wireless telecommunications equipment, knitted textiles and plastics. KOSBI, which works to facilitate the sustainable development of SMEs, said Vietnam is an attractive market with a population of more than 90 million people HsdPz. Vietnamese rice fieldWorldwide rice exports by country were worth a total US$ billion in 2021, up by an average for all exporting countries compared to 2020 when overall rice shipments were valued at $ a 5-year timespan, the value of globally exported rice flatlined via a modest upturn from the $ billion worth of rice shipped during top 5 rice exporting countries India, Thailand, Pakistan, Vietnam and the United States of America generated almost three-quarters of the global value for rice exports during a continental perspective, over three-quarters of worldwide rice exports originated from Asian countries with shipments amounting to $ billion during 2021. Exporters in Europe supplied of the overall total, trailed by North American suppliers at ahead of Latin America excluding Mexico but including the percentages came from Africa and Oceania mostly research purposes, the 4-digit Harmonized Tariff System code prefix for rice is 15 countries listed below exported the highest dollar value worth of rice during US$ billion of total rice exportsThailand $ billion 13%Pakistan $ billion $2 billion States $ billion $933 million $ million $ million $ million $ million $ million $ million $302 million $ million $ million value, the above 15 countries were responsible for of globally exported rice in the above countries, growing rice exporters since 2020 were Tanzania up India up Belgium up Netherlands up Pakistan up United States of America up and mainland China up countries that posted declines in their exported rice sales were led by Uruguay down Myanmar down Vietnam down Brazil also down and Cambodia down Generating Highest Surpluses Trading RiceThe following countries posted the highest positive net exports for rice during 2021. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the surplus between the value of each country’s rice exports and its import purchases for that same US$ billion net export surplus up since 2020Thailand $ billion down -9%Pakistan $ billion up $ billion down States of America $ million up $ million down $ million down $ million down $302 million up $ million down $ million down $ million down $ million up $ million up 23%Brazil $ million down 2021, India continued to be the leading exporter generating the highest surplus in the international trade of rice. In turn, this positive cashflow confirms India’s strong competitive advantage in selling rice on global Incurring Greatest Deficits Trading RiceThe following countries posted the biggest negative net exports for rice during 2021. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the deficit between the value of each country’s rice import purchases and its exports for that same -US$ billion net export deficit up since 2020Saudi Arabia -$ billion down China -$ million up -$925 million up -$ million up -$ million up -$ million down -$ million up -$ million down Kingdom -$ million down -$ million down -3%Ivory Coast -$514 million down -$457 million up -$ million up -$ million up Philippines and Saudi Arabia incurred the greatest amounts of red ink trading rice on global markets during 2021. In turn, this negative cashflow highlights both countries’ strong competitive disadvantages for this specific product category but also signals opportunities for rice-supplying countries that help satisfy the powerful consumer Rice Exporting CompaniesBelow are bulk rice-supplying conglomerates that dominate the worldwide grain trade 73% of the global market in 2003, according to OXFAM researchers. Shown within parenthesis is the country where the company is United StatesArcher Daniels Midland United StatesBunge United StatesLouis Dreyfus FranceAccording to global trading platform Alibaba, the following companies are also examples of rice-trading companies located in the country shown within ItalyNakornton Rice Co., Ltd. ThailandNavdurga Rice Mill IndiaPAK Rice Village PakistanSichuan Deyi Green Foods Group Co., Ltd. ChinaSunrise Foodstuff Joint Stock Company VietnamTrade BEVAR BrazilSearchable List of Rice Exporting Countries in 2021Below, you will find a searchable table listing the value of rice exported by individual countries during 2021. Also presented is the annual percentage change in export revenues for each exporting can change the presentation order by clicking the triangle icon at the top of any of the columns Rice States$1,928,548,000+ Arab Emirates$90,178,000+ Africa$82,225,000+ Kingdom$44,041, Republic$26,434,000+ Korea$22,553, Kong$11,964, Rica$7,395,000+ Lanka$6,279, Salvador$2,806,000+ Minor Outlying Is$2,729, Macedonia$2,112, Faso$717, Republic$562, Coast$316, the scope to the 100 main exporters, the fastest-growing rice suppliers were Egypt up 27,725%, Tunisia up 1,505%, Morocco up Fiji up Indonesia up Tanzania up Pitcairn up El Salvador up and Australia up Related Read Average Rice Prices Compared for Major Rice Export CountriesSee also Rice Imports by Country, Best Tofu Exports by Sales, Average Unit Prices & Weight, Corn Exports by Country, Onions Exports by Country and Barley Exports by CountryResearch SourcesAlibaba’s supplier information for rice. Accessed on May 21, 2022Central Intelligence Agency, The World Factbook Field Listing Agriculture – Products. Accessed on May 21, 2022International Trade Centre, Trade Map. Accessed on May 21, 2022Investopedia, Net Exports Definition. Accessed on May 21, 2022OXFAM Research Reports, Cereal Secrets, pp 9-10. Accessed on May 21, 2022 While exports of textiles, wood products and seafood plummeted in the first five months of 2023, those of rice and fruits have risen. Overall exports between January and May were worth US$ billion, down year-on-year, according to the General Statistics wooden furniture, handicrafts, and textile exports fell by double digits. Many businesses ran out of rice and a few other staple products were bright spots, however. Fruit and vegetable exports grew by 29% to $ billion, mainly due to increased Chinese imports, according to the Vietnam Fruit the top fruit and vegetable markets, strongest growth was seen in exports to China, the the Netherlands, and Malaysia. China alone accounted for $805 million worth of of processed foods such as instant and rice noodles and spices grew by 10-30%. Nguyen Anh Tuan, deputy general director of Colusa – Miliket Food Joint Stock Company, said exports, which went to 30 countries and territories, were 30% higher to key export markets such as the Japan and South Korea increased sharply, he added. Vietnamese instant noodles in a South Korean supermarket. Photo by Linh Dan Every year Lotus Rice exports several thousand tons of the grain to the EU market, but this year it is not "able to buy enough quality rice to sell," its director Huynh Van Khoe said."There has never been a year when we’ve seen this many rice export orders. Even though the price of rice has increased, our partners still want to buy large quantities."China’s reopening has been of great benefit, Nguyen Dinh Tung, general director of Vina T&T Import and Export Company, the first four months of the year his company's fruit exports grew by 20%, he said. It has a contract to ship 1,500 containers of 15 tons each of durian to China, he Phuc Nguyen, general secretary of the Vietnam Fruit and Vegetable Association, said Vietnamese fruits are becoming popular because of their durian, mango and dragon fruit are better priced and have higher quality than their competition from China and India, he also has a favorable climate and better farming techniques than other countries, and grows fruits all year round unlike in other countries, where they are seasonal, he the latter half of this year fruit and vegetable exports could spike if businesses meet the demands of the Chinese market using good agricultural practices, he said. "Fruit and vegetable exports this year could top $4 billion."' Vietnamese fruits on show at a trade fair in 2023. Photo by VnExpress/Thi Ha The export boom is driven by several factors. China’s reopening has led to a rise in demand for food staples, the war between Russia and Ukraine has forced countries to create food reserves and drought has caused a decrease in global food such as Europe, the and the UK have increased food imports for their report by the Department of Agriculture said global output in the 2022-23 rice crop is expected to reduce by 2% from last year to 503 million tons, the first annual decline since businesses warned that the big picture for exports during the rest of 2023 is not very bright. The global economy is still in recession, inflation remains high and the risks of rising raw material prices still lurks. Dublin, Aug. 10, 2022 GLOBE NEWSWIRE - The "Research Report on Vietnam's Rice Industry 2022-2031" report has been added to offering. Vietnam is rich in rice, tropical crops and aquatic products and is a major exporter of agricultural products in Southeast Asia, and the third largest exporter of rice in the world. According to the analyst's analysis, Vietnam's rice export value reached billion in 2021, and rice has become a bright spot in Vietnam's agricultural products exports. This is a remarkable achievement of the rice industry for many years, especially in the context of natural disasters and COVID-19 epidemic that hit Vietnam's agriculture in 2020 in terms of production and 2021, Vietnam's total rice production was about 44 million tons, meeting the demand for domestic consumption, processing, poultry and livestock feed, and export, etc. In 2020, its rice exports grew against the backdrop of a decline in exports of many of Vietnam's long-dominant agricultural products due to the COVID-19 epidemic. In 2021, rice exports increased from million tons to million terms of price, the average price of Vietnam's rice exports in 2021 dropped percent year on year to $477 per ton. At the beginning of 2021, Vietnamese rice prices still maintained the highest position. On March 25th, Vietnamese rice with a 5% breakage rate rose to $515-520 per ton, Thai rice of the same variety to $500-518 per ton and Indian rice to $398-403. In January 2021, Vietnam's rice export price reached $ per the EU-Vietnam Free Trade Agreement EVFTA came into force on August 1, 2020, rice exports have rapidly seen an upturn. According to EVFTA, the EU provides Vietnam with 80,000 tons of rice for export at 0% tax rate annually including 30,000 tons of milled rice, 20,000 tons of unmilled rice and 30,000 tons of aromatic rice.For rice from Vietnam, the EU will reduce the import duty rate to zero in the coming years. Taking advantage of the above, from September 2020, Vietnam started to sell rice to the EU at a much higher price than before. Specifically, before EVFTA came into effect, the prices of ST20 rice and Jasmine rice exported to the EU were USD800 and USD520 per ton, respectively, while now the prices are over USD1,000 and USD600, to the analyst's analysis, there are three reasons for the rise in Vietnam's rice prices. Firstly, the government issued an agricultural restructuring proposal, by which the rice structure has been strongly adjusted, changing the rice cultivation protocols, paying more attention to improving rice quality rather than increasing 2015, Vietnam's quality rice seeds accounted for only 35%-40% of the total seeds, while in 2020 the Chart reached 75%-80%, and even in some places, the usage rate of quality rice seeds is as high as 90%.Secondly, Vietnam has signed many FTAs such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership CPTPP and the Europe-Vietnam Free Trade Agreement EVFTA with many countries, which creates conditions for a breakthrough in Vietnam's rice exports. Third, many industries were affected by the COVID-19 epidemic in 2020, but the market demand for food has not to the analyst's analysis, the Jiulong River Plain is the center of rice cultivation in Vietnam, contributing 50% of rice production and 95% of rice exports to Vietnam's 2020, the Jiulong River Plain cultivated more than million hectares of rice per season, with an average yield of 6 tons per hectare and an annual rice production of more than 24 million tons. Furthermore, its winter-spring rice production is expected to reach 10 million tons from 2020 to analyst reports that Vietnam's rice exports are to continue to rise in both volume and value in 2022-2031. Topics covered Overview of Vietnam's Rice IndustryEconomic and Policy Environment of Vietnam's Rice IndustryWhat is the Impact of COVID-19 on Vietnam's Rice Industry?Imports volumes and values of Vietnam's Rice, 2016-2021Forecast on Imports volumes and values of Vietnam's Rice, 2022-2031Analysis of Major Rice Companies in VietnamKey Drivers and Market Opportunities in Vietnam's Rice IndustryWhat are the key drivers, challenges, and opportunities for the rice industry in Vietnam during 2022-2031?What is the expected revenue of the Vietnam rice market during 2022-2031?What are the strategies adopted by the key players in the market to increase their market share in the industry?Which segment of Vietnam's rice market is expected to dominate the market in 2031?What are the major adverse factors facing the rice industry in Vietnam? Key Topics Covered1 Overview of Geographical Demographic Structure of Economy of Minimum Wage in Vietnam, Impact of COVID-19 on the Rice Industry in Vietnam2 Development Environment of Vietnam's Rice Brief History of Vietnam's Rice Types of Vietnam's Rice Policy Environment of Vietnam's Rice Industry3 Supply and Demand Situation of Vietnam's Rice Supply Demand Situation4 Import and Export Situation of Vietnam's Rice Import Import Volume and Import Main Import Export Export Volume and Main Export Destinations5 Market Competition in Vietnam's Rice Barriers to Entry in Vietnam's Rice Brand Quality Capital Competitive Structure of Vietnam's Rice Bargaining Power of Rice Bargaining Power of Competition in Vietnam's Rice Potential Entrants in the Rice Substitutes for Rice6 Analysis of Major Rice Brand Companies in Vilaconic Joint Stock Development History of Vilaconic Joint Stock Main Products of Vilaconic Joint Stock Operating Model of Vilaconic Joint Stock Vu Phat International Co., Cam Nguyen Rice Trading And Processing Limited Khanh Tam Company Hoa Lua Rice Trading Company SUNRISE INS Company Khue Star Import Export Trading Company Robert & Partners International Hanfimex Gia Son Phat Trading and Service Outlook on Vietnam's Rice Industry, Analysis of Vietnam's Rice Industry Development Drivers and Development Opportunities for Vietnam's Rice Threats and Challenges Facing Vietnam's Rice Forecast on Vietnam's Rice Forecast on Vietnam's Rice Market Forecast on Import and Export of Vietnam's Rice Industry For more information about this report visit Vietnamese Rice Market Vietnamese Rice Market Vietnamese Rice Market ReferencesAnderson, J. 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A gravity model for trade between Vietnam and twenty-three European countries. Department of Economics and SocietyDownload references India had the highest export volume of rice worldwide, at million metric tons as of 2022/2023. Thailand was the second largest rice exporter, with about million metric tons of rice worldwide in that year. Global rice supply In the last few years, the global rice supply amounted to over 700 million metric tons of milled equivalent each year. The production of milled rice was projected to increase to almost 510 million metric tons worldwide in 2022. Among the many varieties of rice, California medium-grain rice had the highest export price and India 25% rice the lowest average export price per ton in 2021. Global rice consumption Between 2008 and 2021, global rice consumption increased by over 65 million metric tons, from 437 million metric tons to around 502 million metric tons. In 2021/2022, the top three countries for rice consumption were China, India, and Vietnam. That year, about 155 million metric tons of rice were consumed in China.

vietnam is a rice export country