While many agricultural products are facing difficulties due to the impact of the Covid-19 epidemic, rice exports have had an extremely spectacular acceleration. Vietnam rice export to China is boosted to bring a big revenue for Vietnamese economics.
An overview of Vietnam rice export to China
China is one of the biggest export rice markets of Vietnam, so Vietnam rice export to China should be centered around.
General figures of Vietnam rice export to China
From 2009 to 2016, the volume of Vietnam rice export to China increased and decreased unstably although there was a sudden growth from 2,899 tons in 2009 (accounting for 0.86% of the total import volume into this market) amounted to 1,618,415 tons in 2016 (45.8%). Especially in the period 2012 – 2013, Vietnam exported about 1.5 million tons of rice to the Chinese market, accounting for over 65% of the market share and maintaining the largest market share in this country since then. Currently, Vietnam is still the leading country in terms of export turnover to the Chinese market. Although Pakistan has also experienced strong growth in the period from 2012 onwards, overall in terms of both volume and turnover, Pakistan is still a long distance from Vietnam rice export to China.
Leading products of Vietnam rice export to China
Vietnam rice export to China comprises 3 main rice groups: fragrant rice (including rice varieties such as ST21, VD20, Jasmine, Nang Hoa, OM490), white rice (including varieties of rice varieties). such as IR5451, IR504, IR4218) and glutinous rice (including Long An sticky rice, An Giang sticky rice, round sticky rice, fragrant sticky rice). In each group of rice is classified into many different types of rice based on the percentage of broken rice. For high quality rice varieties, a broken percentage is usually required up to a maximum of 5%. For medium grade rice, broken percentage can be up to 15%. The most popular glutinous rice is the 10% broken rice.
Factors affecting Vietnam rice export to China
Vietnam rice export to China is subject to several main factors below:
Rice demand of China
With the world’s largest population (1.3 billion people in 2016), China’s demand for food in general and for rice in particular is huge. China produces and consumes about a third of the world’s rice, or about 200 million tons per year. However, due to the characteristics of rice that are highly dependent on natural conditions, not every region can grow rice to meet the food needs of the people in the country. Therefore, China has participated in the world’s rice trade market as a factor capable of strongly disturbing the world rice market and affected the volume of Vietnam rice export to China.
Rice production of Vietnam
Vietnam’s land resources are also very diverse, with high fertility, favorable for the development of agriculture in general and the rice industry in particular. The total area of the country is about 33.1 million hectares, of which the area for rice cultivation is more than 7 million hectares, accounting for more than 21% of the country’s area and tending to increase. This is an important advantage for intensive and extensive farming to increase rice production of Vietnam rice export to China.
The Government of Vietnam has developed many policies in the direction of a market economy, especially Vietnam rice export to China. Policies affecting rice production and promoting production increase such as land policy, infrastructure investment policy for agriculture, credit support for farmers and exporters, etc.
Ways to work with suppliers of Vietnam rice export to China effectively
Buyers who lack experience working with overseas suppliers should follow the procedures outlined below.
- Learn about Vietnam’s laws and regulations.
This step is crucial because it lowers the possibility of breaking the law while collaborating. Importers can establish entire processes for Vietnam rice export to China by understanding the legislation and rules.
- Recognize the supplier’s order procedure and payment regulations.
When buyers interact with any supplier of Vietnam rice export to China, it’s critical to understand the partner’s order procedure and payment terms. This saves time and prevents problems with goods delivery.
- Provide product and service reviews and comments.
Customers should provide comments after receiving shipments to help distributors of Vietnamese rice improve their products and services. Furthermore, customers are more inclined to satisfy the increased demands.
Top suppliers of Vietnam rice export to China
To import rice from Vietnam, Chinese companies can browse through the following list:
Sunrise Food rice exporting company – one of the best suppliers of Vietnam rice export to China
Sunrise Food is a company that specializes in producing and exporting high-quality
Vietnamese rice. Rice products from Sunrise Food are presently accessible in Africa, Russia, the European Union, Japan, Korea, etc. Quality assurance and quality control are rigorously applied to Sunrise Food’s rice products. ISO, HACCP, and other certifications are available.
K-Agriculture Factory is considered as one of Vietnam’s greatest rice supplier of Vietnam rice export to China. K-Agriculture Plant exported rice to over 80 countries and got positive comments from global clients thanks to its sophisticated factory, which has a milling capacity of 2500 MT/day and a storage capacity of 400000 MT. Their major product is long grain white rice from Vietnam, such as Jasmine rice and OM 5451 rice.
Gentraco Joint Stock Company – a supplier of Vietnam rice export to China
Gentraco concentrates on the exporting rice processing business as a public firm with 100% private ownership. Gentraco can meet large orders as well as high product lines packed in 1kg-10kg bags according to the standards of supermarkets in Asia, Europe, Australia, and the Middle East, thanks to a warehouse system, modern equipment, a capacity of 2,500 tons/day, and a stable raw material area in the rice fields of the Mekong Delta, etc.