Vietnam expects to export 5.2 million tonnes of rice in 2017
(VOVWORLD) -Vietnam aims to ship 2 million tonnes of rice overseas in the last five months of the year, raising the total rice export for the whole year to 5.2 million tonnes, up 6 percent from last year.
Vietnam exported more than 3.2 million tonnes of rice at FOB value of 1.4 billion USD in the past seven months. China remains Vietnam’s top rice importer, accounting for 40 percent of the total rice export, followed by the Philippines, Malaysia and Singapore. The global rice market is forecast to be led by high demand from Malaysia, Bangladesh, the Philippines and Sri Lanka.