Việt Nam’s rice export has been shifting significantly toward high-quality and hit a record 8.3 million tonnes in 2023, the highest volume since the country started exporting rice in 1989, of which the percentage of high value and speciality rice was increased, earning US$4.7 billion, a 38.4 per cent increase in value from last year.Mr. Nguyễn Ngọc Nam, chairman of Việt Nam Food Association, said at the Rice News Convention in the central city that Asia is seen as a major market share of our rice export, but America, Europe, the Middle East and Australia have emerged as new importers of Việt Nam’s rice in recent year.“The rice brands ST24, ST25, Jasmin 85, Japonica and sticky rice have become key leading products in the export growth in 2019-23."Organisers of the convention said it aims to bring together all elements of the global rice market, from farm to fork, with the event's primary aim to bring industry participants from across the supply chain supporting the world rice trade for the opportunity to gain insights on market developments, and understand the risks and opportunities from an event that aims to build a better awareness as well as to improve communications within the rice trading community.The Việt Nam Food Association unveiled at the convention that Việt Nam would produce 43.5 million tonnes of rice in 2024, of which more than 7 million tonnes are for export, for revenue of $5.3 billion. (ICE HO CHI MINH CITY)

Fonte notizia: Vietnam News