Vietnam exported 432,000 tonnes of rice for 191 million USD in August, bringing the total volume and value in the first eight months of this year to 3.37 million tonnes and 1.51 billion USD. China remained the biggest importer of Vietnam’s rice with 36 percent of the market share. A total of 1.04 million tonnes worth 476 million USD were shipped to this market between January-July, down 21.6 percent in volume and 11.9 percent in value year-on-year. Indonesia followed with 353,000 tonnes and 140.4 million USD, up 25.5-fold in volume and 26.8-fold in value year-on-year. Rice export to several traditional markets suffered from drastic decreases, including the Philippines (66.4 percent), Malaysia (54.5 percent), and Singapore (36.3 percent).

Source: VietNamNet News August 26, 2016 14:37 UTC