return icon Vietnamnet.vn

China imports less glutinous rice from Vietnam

The proportion of glutinous rice in total rice exports to China has fallen from 74 percent to 48 percent.

The Ministry of Industry and Trade’s (MOIT) statistics show that China’s import of glutinous rice from Vietnam keeps falling.

Vietnam is the biggest glutinous rice exporter to China, and China is Vietnam’s biggest market for Vietnamese glutinous rice. China’s maintenance of its ‘zero-Covid’ policy has significantly affected its demand for glutinous rice.

Vietnam’s rice exports to China in January-July 2022 dropped by 27.5 percent in quantity and 28.2 in value compared with the same period last year to 466,225 tons and $242.74 million. Meanwhile, export of glutinous rice was 223,464 tons, a fall of 53 percent year on year. 

However, China has increased imports of fragrant rice, especially ST21 and ST24 from Vietnam. Fragrant rice exports to China rose by 58.6 percent to 188,459 tons in this period. 

Reuters quoted sources from the Chinese agriculture ministry saying that some areas in Jiangsu and Anhui provinces have been severely affected by hot weather. 

The situation has cooled after recent rains, but rainfall has been unevenly distributed and drought is still occurring in some areas. These provinces made up 11.5 percent of grain production in 2021.

The US Department of Agriculture (USDA), in its August 2022 report, predicted that China’s consumption of rice in 2022/23 would be 156.6 million tons, a slight increase of 156.29 million tons compared with the previous crop.

China is expected to continue to be the world’s largest rice import country with 6 million tons in 2023. China’s rice inventories are predicted to drop by 4 million tons in the 2022/23 crop to 109 million tons.

According to Chinese customs, with the reduction of 27 percent in export volume, Vietnam has fallen to the third position for rice supply to China from the first position in 2021. Vietnam’s market share in China has also dropped from 22.5 to 11.5 percent.

India has replaced Vietnam to become the biggest rice exporter to China with 1.5 million tons, up 2.6 times year on year, accounting for 36.9 percent of China’s rice imports.

Meanwhile, China’s rice imports from Pakistan and Thailand increased by 72 percent, and Laos by three times.

So far this year, China has boosted imports of broken rice from India and Pakistan for animal feed as wheat and barley prices have increased.

Tam An

MORE NEWS

VIETNAM BUSINESS NEWS NOVEMBER 26

Big supermarkets join Promotion Month 2022

Missosology picks locals contestant among Top 3 at Mister Grand International

Missosology, the world’s leading publication on beauty pageants, has named Vietnamese representative Vu Linh among its hot picks of the Top 3 currently participating in the Mister Grand International 2022 pageant.

HIV infections rise among people under 29

The number of young people catching HIV has seen an upward trend recently, with 50% of new cases being under the age of 29.

Three female scientists receive L’Oreal-UNESCO awards

Three female scientists were granted the 2022 L'Oreal-UNESCO awards at a ceremony in Hanoi on November 25.

Vietnam has two more named in Asia-Pacific documentary heritage list

Two heritage pieces of Vietnam were recognised as part of documentary heritage in Asia and the Pacific on November 26, at the 9th general meeting of the Memory of the World Committee for Asia and the Pacific.

VIETNAM NEWS HEADLINES NOVEMBER 26

NA Chairman Hue to visit Australia, New Zealand

Big firms absent from 'good governance' list

The list of companies recognized as having the best transparency and governance on the Hanoi Stock Exchange (HNX) doesn’t include many well-known names.

People must live in rooms of at least 8sq.m to register for permanent residence

The Hanoi People’s Council plans to require at least 8 sq m of living space in state-owned properties and 20 sq m in non-state owned properties for registered permanent residence.

80% of wind power projects operate at moderate level as tariff is unclear

Many wind power projects in Quang Tri are behind schedule because of unfavorable weather conditions, the impact of the Covid-19 pandemic, slow site clearance and an unclear tariff scheme.

Headmaster honored by Microsoft for last three years

Nguyen Thi Kim Dung, headmaster of Dong La Secondary School in Hoai Duc district in Hanoi has been honored as Microsoft Innovative Educator Expert - MIEE for three consecutive years.

High fertiliser prices and rising export demand help businesses earn more profits

A promising export market contributed positively to the sharp increase in profits of many fertiliser and chemical enterprises.

Short-lived legal documents cause a hindrance to firms

Many legal documents in Vietnam have been made in such a way that creates a great compliance burden on firms, according to insiders.

Energy demand to outpace supply in short term

Electricity demand has been growing steadily since 2021 and is expected to surpass domestic output in the short term.

Vietnam’s further evolving regulations and policies on energy

The last several months have been dynamic for the energy sector in Vietnam, with a number of key developments.

Digital platforms brought into life

Digital transformation is an inevitable trend today in the world and Vietnam with three main pillars: digital government, digital economy, and digital society.
back_to_top