Vietnam rice exports to Taiwan continue to rise

By Thi Ha   February 20, 2023 | 07:03 pm PT
Vietnam rice exports to Taiwan continue to rise
Grains are seen on assembly line of a rice processing factory in Vietnam's southern Mekong delta city of Can Tho, August 23, 2015. Photo by Reuters
Vietnam’s rice exports to Taiwan rose by 18.5% last year as quality improved and prices were competitive.

It shipped 20,281 tons worth over US$10 million to account for more than 16% of Taiwan’s imports, the third highest market share.

In recent years Vietnam’s exports of high-grade rice to the market have been steadily increasing as its prices are lower than Thailand’s, Taiwan’s second largest source of imports at 23,042 tons.

But Thailand’s exports declined by 20% last year. Vietnam’s sticky rice exports to Taiwan exceeded those of the U.S. and Thailand.

Overall, Vietnam exported more than seven million tons of rice worth $3.5 billion to the global market last year.

It was sold in European supermarkets for the first time.

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