The picture of rice exports in the first months of 2023 has many bright spots when both export orders and selling prices to many markets increased sharply.
Strong increase in output and value
Information at the situation assessment meeting rice export first quarter of 2023 and the direction of rice export management in the period until the morning of April 26, Mr. Tran Quoc Toan, Deputy Director of the Import-Export Department said: According to statistics from the customs agency, in the first quarter of 2023, Mr. Tran Quoc Toan, Deputy Director of the Import-Export Department said: In I/2023, rice export turnover will reach more than 1.85 million tons of rice with a value of 981 million USD, an increase of more than 23% in volume and an increase of 34% in turnover compared to the same period in 2022.
The average export price reached 529 USD/ton, an increase of nearly 9% compared to the average in the same period in 2022. Notably, at many times during the months, the export price of 5% broken rice ranked first in the world, higher than the price of rice. same type of Thailand and India.
In the first quarter of 2023, good growth was recorded compared to the same period in 2022 in both traditional and potential markets. In particular, the value of rice exports to the EU recorded very good growth in many markets thanks to the export of fragrant rice products, high quality rice with high added value. This shows that the quality of Vietnam's rice is increasing, meeting the requirements of even demanding markets, and also shows the potential to expand the market and increase the market share of high-quality Vietnamese rice. Male.
 |
| Many positive signs for rice exports in 2023 |
Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan assessed that rice exports in the first quarter of 2023 continued to achieve many positive results, the structure of exported rice types was in the right direction, increasing the export of Vietnamese rice types. has strengths such as fragrant rice, sticky rice, white rice, and premium rice. and continues to recognize that exports of organic rice and micronutrient-fortified rice bring high value, reducing the export of low-quality regular rice.
Rice export markets in the first quarter of 2023 recorded good growth compared to the same period in 2022 in both traditional and potential markets. “Rice exports to Southeast Asian markets such as Indonesia and Singapore have grown highly, exports to the EU also recorded growth of nearly 50%, many markets increased strongly such as the Netherlands, Belgium, and Poland. Especially in traditional and key markets, we continue to maintain strong positions such as the Philippines and China”, Deputy Minister said.
The market continues to be favorable
Commenting on the rice export market in the coming time, Mr. Nguyen Ngoc Nam - Chairman of the Vietnam Food Association predicted that in the last months of the year, food prices will continue to fluctuate due to climate change. , armed conflicts... cause countries to increase food reserves.
According to Mr. Nam, currently the demand for rice imports in Vietnam's traditional markets such as the Philippines, China, Indonesia and African countries is increasing. In European countries, due to the political conflict between Russia and Ukraine, the need for food reserves has increased, this is a factor that will help rice export businesses benefit in the near future.
While the demand for rice imports increases, rice supply from the world's leading rice exporting countries such as India and Pakistan continues to be limited; Thai rice prices increased due to the increase in value of the Baht. Vietnam has the advantage of early supply from the Winter-Spring crop, stable rice output and quality, so it is forecast that in the short term, Vietnamese rice prices will still be at a good level.
“In general, in this year's rice export market, supply is lower than demand, so output is favorable. The problem of the rice industry this year is production and production linkage to have suitable types of rice. with market demand". Mr. Nguyen Ngoc Nam emphasized.
 |
| Deputy Minister Nguyen Sinh Nhat Tan spoke at the Conference |
Deputy Minister Nguyen Sinh Nhat Tan said that although the market has many positive signals, in order to promote growth in the rice industry, in the coming time, relevant associations, businesses and units should urgently review and make recommendations to the Ministry of Industry and Trade. Thuong researched and proposed amendments to decrees on rice export business such as Decree 103 and Decree 107/2018 to create a premise and remove difficulties for businesses.
At the same time, the Ministry of Industry and Trade will continue to report to the Prime Minister to approve the rice export strategy with a vision to 2030 so that businesses and localities have a basis for synchronous implementation.
In addition, the Ministry of Industry and Trade will continue to coordinate with the Ministry of Agriculture and Rural Development in restructuring specific varieties and growing area codes to serve the rice import and export strategy, and restructure the export market. export... to better supply the market. Propagate and guide the implementation of commitments of Vietnam as well as other countries so that businesses can take better advantage of trade agreements. At the same time, promote the role of linkage between traders to orient exports, proactively negotiate, sign effective export contracts, and enhance the position of Vietnamese rice in a number of consumer markets. big.
