As per the sources, it has been indicated that Vietnam exported nearly 6.55 tons of all kind of rice, of which high-grade white rice and fragrant rice accounted for 47 percent. The Vietnam Food Administration told reporters that the country is likely to export around 1.5 million tons of corss-border rice to China and High-grade, fragrant rice continued keeping high proportion in export of the agricultural produce.
For example in the first 11 months of the year, high-grade white rice accounted for nearly 28.5 percent of the whole amount of rice for export, an increase of 36.5 percent compared to same period of 2014 and fragrant rice was 23 percent of total amount of rice for export, an increase of 18.5 percent compared last year. Furthermore, the major market for Vietnam rice export is nation in Asia with the percentage of 74 percent. Further, it also reported estimates that theprice of exported rice maintains US$375 per ton, an increase of US$35 a ton compared to October. According to VFA it is a difficult year for the country’s rice export because of low demand in the first two month of 2016.