Developing Countries Will Lead Global Rice Import Growth in 2013-22, Says USDA Rice growers positive California MG prices are UP Russia MG Harvest coming to end Egypt open rice exports Vietnam’s rice export in tough competition with India Thai rice exports in May Rise Above Target This Year Viet-Nam Rice exports likely to fall this year
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Asia Pulse, December 10, 2003
Vietnamese exporters have won a bid to sell 20,000 tonnes of rice to one the world's choosiest markets - Japan.

The Vietnam Food Association said this was the second time this year local rice exporters had made successful Japanese bids. With this latest order, exporters will have sent 30,000 tonnes of rice to Japan this year.

An Giang Export and Import Company (Agimex), Tien Giang Food Company and Hau River Farm landed the winning bids.
Agimex director Cao Minh Lam said it would ship 5,000 tonnes of rice to Japan last Saturday even though the delivery deadline was for late January next year.

Japan has awarded contracts to exporters in other countries as well to meet its 142,000 tonne order.

The General Statistics Office reported Vietnam had exported 3.9 million tonnes of rice to 23 countries by the end of this September, nearly meeting the country's annual target of 4 million tonnes.

However, the Ministry of Trade said a shortage of rice for export this month was worrisome. Just 100,000 to 120,000 tonnes was left for export to other countries.

The ministry said several local rice exporters have had to cancel contracts with foreign customers, as dwindling supply was driving up rice prices. The ministry reported prices were up roughly US$10 to 15 per tonne over prices early this year.

Prices aren't the only thing on the increase. The ministry reported domestic rice exporters had boosted market share in Africa this year, shipping 800,000 tonnes to that market, nearly double that of 2002.

The ministry expected markets in Africa would continue to grow. South Africa was seen as a point of entry for the country's rice to reach other countries such as Zambia, Zimbabwe and Mozambique.

Brazil, Chile, Russia, Turkey and Poland are new markets for Vietnamese rice this year.

Most rice, however, was sent to Asian countries and the US, said Le Hung Quoc, head of the Ministry of Agriculture and Rural Development's agricultural department.

Vietnamese rice accounts for roughly 11 to 16 per cent of world rice exports, earning the country nearly $1 billion each year. Since 1989, Vietnam has exported roughly 40 million tonnes of rice to more than 70 countries and territories.
MGR Archive 12.12.2003
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