Vietnam reaps more from rice export in 5 months

2020-06-11 04:51:55

(MENAFN)

Vietnam earns some 1.4 billion U.S. dollars from exporting nearly 2.9 million tons of rice in the last five months of this year, up 17.2 percent and 3.7 percent annually respectively, as stated by the country's General Statistics Office on Thursday, June 11th.

In May alone, Vietnam exported 750,000 tons abroad, gaining 395 million U.S. dollars, up 11.7 percent in volume, and 35.7 percent in value.

Vietnam's main export markets included China, Malaysia, and the Philippines.

According to the Ministry of Industry and Trade, between January and May, the average export price came into 13 percent compared to the same period last year to 485 U.S. dollars per ton.

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