European and South Eastern Exports

1069 Words4 Pages
Given the problems of traditional export markets, Vietnam's rice exports in October 2013 fell 15.2% in volume and 17.9% in value (respectively one million tons and 562 million). The traditional market of Vietnam’s rice is Philippines, Indonesia, Malaysia also plummeted due to highly competitive market from India, Thailand, Pakistan,… Meanwhile, China importation had strengthened Vietnam's rice exports in the last two years, from nearly 310 thousand tons in 2011 to 2.08 million tons in 2012 and as of May 10, 2013 reached 1.93 million tons.
At the same time, exports of Vietnam’s coffee in the past 10 months is 1.09 million tons, also fell sharply by 24.6% in volume and 24.5% in value (354 thousand tons and 754 million respectively). These items showed the steepest decline in the agricultural commodities’ export, though the price level remained stable in 2012. The biggest importer of Vietnam's coffee in the past 10 months was still the EU, with 459 thousand tons, down 11.6% compared to the same period in 2012 and accounted for 42.2% of Vietnam’s coffee exports. Rubber goods worth is reduced $344 million, the highest after coffee and rice; and commodity prices fell the most (16.9%) in agricultural products compared to the same period last year. As of October 2013 rubber exports amounted to 835 thousand tons Vietnam, rose slightly by 2.4% but prices fell sharply to a value of $1.96 billion, down 14.9%. China remains the main partner of the rubber import of Vietnam in the past
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