Rice exports decline in January

Chairman of the Vietnam Food Association Huynh The Nang said the rice sector will face more difficulties this year.

In 2016, China was the biggest rice importer of Vietnam by purchasing 1.74 million tonnes of rice worth US$782.3 million, representing a respective yearly decline of 17.5 and 8.6%.

Other major rice importers in ASEAN such as the Philippines, Malaysia and Indonesia also witnessed strong reduction of 64.1%, 45.5% and 51.8%, respectively.