Vietnam Agricultural Products

Impressive statistics on Vietnam's rice exports In the latest report of the US Department of Agriculture - Foreign Agricultural Services (USDA-FAS), the Philippines will overtake China as the world's largest rice importer in 2019. the Philippines is expected to import three million tons of white rice in 2019, accounting for 7% of total global rice imports. Meanwhile, large markets like China only imported only 2.5 million tons, lower than the forecast of 3.15 million tons announced earlier. This decline is believed to be due to the domestic supply meeting the demand of the market. However, it is also forecast that the Philippines will reduce white rice imports in 2020 in the context that the country has made certain progress in domestic production. Specifically, in 2020, the Philippines is forecast to import about 2.5 million tons of rice.   With the trend of increasing white rice imports, the nation's rice reserves increased by 14% in September 2019. According to the...

      Rice is one of the basic goods consumed in Africa and mainly the white type of rice. But even so, some countries consume it more than others. While rice is also locally produced in Africa, it is never enough to supply for all the demand on the market. Rice production in Africa is constantly increasing, and the authorities try to find the funds to support this industry as well. Some African countries like Benin try to improve their rice production, but they are also exporting it to Nigeria. And the examples go on and on because this is a common practice within the African continent. But since one country is exporting to another, the entire African continent still needs foreign investors to add rice into the local markets. This product is so popular because it is easy to cook and comes at an affordable price, especially for the urban population. The importance of rice grew along the history and is becoming even more relevant in nowadays society. Many African c...