Rice export value jumps over 25%

The export value of rice of Viet Nam in the first seven months of this year reached 3.27 billion USD, up more than 25% compared to the same period last year. This achievement is partly due to the high export prices of Vietnamese rice.

The average price for export reached 632 USD per ton, an increase of more than 18% compared to the same period last year. India’s ban on the export of all non-basmati white rice has caused world rice prices to surge. This has boosted the export value of rice-exporting countries like Viet Nam and Thailand.