Total revenue hits $417 million in the first two months.
Vietnam exported 430,000 tons of rice in February, earning $231 million, according to Director of the Center for Digital Transformation and Agricultural Statistics at the MiPhinistry of Agriculture and Rural Development (MARD) Nguyen Quoc Toan.
The figure brought the total volume of rice exported in the first two months of 2023 to 789,000 tons, with revenue of $417 million, down 18.8 percent and 10.8 percent, respectively, year-on-year.
The Philippines remained the largest importer of rice from Vietnam in January, with over 129,000 tons worth $64.55 million, accounting for 34.6 percent of Vietnam’s total rice exports.
Vietnam targets exporting 6.5-7 million tons of rice in 2023.
Read more: Agricultural Products Industry Report
RICE INDUSTRY REPORT 2022 & OUTLOOK 2023