{"id":13606,"date":"2024-01-15T18:58:17","date_gmt":"2024-01-15T18:58:17","guid":{"rendered":"https:\/\/ricenewstoday.com\/?p=13606"},"modified":"2024-01-15T18:58:18","modified_gmt":"2024-01-15T18:58:18","slug":"rice-exports-reach-record-high","status":"publish","type":"post","link":"https:\/\/ricenewstoday.com\/dev\/rice-exports-reach-record-high\/","title":{"rendered":"Rice exports reach record high"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

Farmers harvest rice in southern province of Kien Giang. Photo by VnExpress\/An BinhVietnam’s rice exports soared to 8.13 million tons, valued at US$4.7 billion in 2023, setting a new national record, as per the General Department of Customs.<\/p>\n\n\n\n

This marked a 14.4% increase in volume and a 35.3% rise in value from the previous year, despite challenges from the El Nino weather pattern.<\/p>\n\n\n\n

The surge in exports is partly attributed to India’s export ban on non-basmati white rice, which has affected global rice trade.<\/p>\n\n\n\n

India, a major player in the global rice market, contributes 40% to the worldwide rice trade. Its largest buyers include Iran, Saudi Arabia, and China.<\/p>\n\n\n\n

In 2023, several countries increased their rice imports from Vietnam as the global supply dwindled. A rice export business director from Dong Thap Province said some countries that typically imported little rice from Vietnam began placing substantial orders.<\/p>\n\n\n\n

The ongoing Indian export ban has left many countries seeking reliable rice sources, creating an optimistic outlook for Vietnam’s rice exports in 2024.<\/p>\n\n\n\n

In 2023, the Philippines was the largest importer of Vietnamese rice, purchasing 3.1 million tons, followed by Indonesia, China, and Ghana. Vietnam now is the world’s fifth-largest rice producer and third-largest exporter.<\/p>\n\n\n\n

<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Farmers harvest rice in southern province of Kien Giang. Photo by VnExpress\/An BinhVietnam’s rice exports soared to 8.13 million tons, valued at US$4.7 billion in 2023, setting a new national record, as per the General Department of Customs. This marked a 14.4% increase in volume and a 35.3% rise in value from the previous year, […]<\/p>\n","protected":false},"author":1,"featured_media":13607,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[176],"tags":[223,160,159],"class_list":["post-13606","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-veitnam-rice","tag-rice-export","tag-global-rice-news"],"acf":{"enable_premium_overlay":false},"yoast_head":"\nRice exports reach record high - Rice News Today<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rice exports reach record high - Rice News Today\" \/>\n<meta property=\"og:description\" content=\"Farmers harvest rice in southern province of Kien Giang. 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