Vietnamese rice is well received by the European market

Vietnamese rice is well received by the European market
Vietnamese rice is well received by the European market

This is information given at the Conference to disseminate regulations and commitments on SPS in the Free Trade Agreement between Vietnam and the European Union (EVFTA Agreement) organized by the Vietnam SPS Office in coordination with the Department of Agriculture and Rural Development. Agriculture and Rural Development of Ca Mau province recently held in Ca Mau.

Mr. Ngo Xuan Nam – Deputy Director of SPS Vietnam Office said that up to now, Vietnam has had more than 16 years of participating in the World Trade Organization (WTO), participating in 19 free trade agreements (FTA) and 16 agreements have been officially signed. Among them, many trade agreements are considered new generation trade agreements.

After these agreements were signed, Vietnam’s agricultural, forestry and fishery exports to member countries were promoted. For many years, Vietnam’s export value has always reached quite high milestones, especially in the past 2 years, Vietnam’s export value reached over 50 billion USD and in 2023 it is expected to reach over 54 billion USD.

In particular, in August 2020, the EVFTA Agreement promoted two-way agricultural exports between Vietnam and EU countries.

In particular, major commodity industries such as seafood, rice, fruit and some food products… are also promoted for export to the EU market. In contrast, Vietnam has also imported a number of products originating from animals and plants from the EU market.

Currently, for the EU market, Vietnam has commitments on food safety and animal and plant disease safety in exporting agricultural products and food to this market.

For the EU market, in the first 10 months of 2023, EU members had up to 103 notifications and drafts for comments on food safety measures and animal and plant disease safety to serve the control of food and plant diseases. Control agricultural products and food when imported to the EU market.

According to Mr. Ngo Xuan Nam, for Vietnam’s rice products when exported to the EU market, in recent years, under the direction of the Ministry of Agriculture and Rural Development, along with the direction of local authorities. Locally, no Vietnamese rice shipments exported to the EU market have been warned. Thus, the quality of our rice fully meets the requirements of this demanding market. In particular, the EU market is one of the markets that requires very high standards but we can still meet them.

According to statistics from the General Department of Customs, in 2022, Vietnam’s rice export turnover will reach 7.1 million tons with a value of 3.46 billion USD, an increase of 13.8% in volume and an increase of 5.1%. in turnover compared to 2021. The average export price reached 486.2 USD/ton, down 7.7% compared to the average level in 2021.

Although it only accounts for a small proportion of about 2.45% of total exports, the European market has seen strong growth of up to 90.7% compared to 2021, reaching 172,200 tons.

According to the Report of the Ministry of Agriculture and Rural Development, in the first 6 months of 2023, rice exports reached 4.3 million tons and 2.3 billion USD, up 22% in volume and 35% in value compared to the same period in 2022. Notably, rice exports to some markets in the EU grow at 3-digit rates such as Poland up 117%, Belgium up 165%, Spain up 308%…

Regarding export rice prices, the average price in the first 6 months of 2023 is estimated to reach 539 USD/ton, up 10% over the same period in 2022. However, rice exports to the EU often have prices many times higher than this average number. .

According to Mr. Ngo Xuan Nam, the EU is a potential export market for many types of Vietnamese agricultural, forestry and fishery products in the coming time thanks to the market size of more than 500 million people and the increasing consumer demand for agricultural and food products along with Committed to cutting most tariffs in a short roadmap under the Vietnam Free Trade Agreement with the EU.

However, this is also one of the most demanding markets with very high animal and plant quarantine regulations and strict control, especially with agricultural, forestry and fishery products.

Many experts also commented that the trend of the EU market is to increase technical barriers when reducing tariff barriers. The proof is that right after EVFTA took effect, the EU made many announcements related to rules for facilities that raise and transport aquatic animals.

Regulations on animal health requirements for movements of terrestrial animals and incubation eggs; surveillance rules, elimination programs and disease-free status for certain listed and emerging diseases.

In addition to government regulations, the EU market also offers many standards and certifications from consumer associations, non-governmental organizations, and retailers that businesses that want to export must comply with as global standards. food safety requirements.

According to Industry and Trade Newspaper

The article is in Vietnamese

Tags: Vietnamese rice received European market


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