Rice exporters in usa

Cassava being taken for storage in Cambodia's Kratie province (Photo: Khmer Times) Phnom Penh (VNA) – Cambodia exported around 1.56 million tonnes of non-rice agricultural products with sanitary and phyto-sanitary certificates in the first two months of 2021, a year-on-year surge of 55.3 percent, said Minister of Agriculture, Forestry and Fisheries Veng Sakhon. Sakhon added the items were shipped to 25 different countries. Among the exports, the majority was dried cassava slices (802,451 tonnes), fresh cassava (154,750 tonnes), paddy (287,850 tonnes), cashew nuts (79,473 tonnes) and red corn (78,856 tonnes). Meanwhile, Cambodia’s exports of milled rice in January-February were valued at 64.53 million USD and amounted to 76,222 tonnes, according to a report from the Cambodia Rice Federation (CRF). This presented a decline of around 44.16 percent compared with the same period in 2020, triggered by a lack of containers and high cost of shipping by sea. In February, milled rice exports increased by 22 percent to 41,949 tonnes destined for 35 countries. In 2020, Cambodia exported 4.03 billion USD worth of agricultural products, according to data from the Ministry of Agriculture, Forestry and Fisheries. The country shipped over 690,000 tonnes of milled rice abroad, primarily to China with nearly 290,000 tonnes. More than 2.8 million tonnes were exported to neighbouring countries, including Vietnam. Cambodia also earned 459 million USD from the export of about 340,000 tonnes of rubber./. VNA …

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Tra fish processed for export (Photo: VNA) Hanoi (VNA) – Vietnamese enterprises should take advantage of online marketing channels, re-arrange production and business orientations and strategies, and bring into full play advantages brought by free trade agreements if they want to achieve sustainable export growth , according to insiders. Statistics of the Ministry of Industry and Trade (MoIT) shows that Vietnam’s import-export value reached 95.8 billion USD in the first two months of 2021, up 24.5 percent year-on-year. Of the total, exports were valued at 48.55 billion USD, up 23.2 percent, and imports 47.26 billion USD, up 25.9 percent. During January-February, Vietnam enjoyed a trade surplus of 1.29 billion USD, down from the 1.8 billion USD seen in the same period last year. The domestic sector posted a trade deficit of 4.14 billion USD, while the FDI sector, including crude oil, saw a trade surplus of 5.43 billion USD. At the Government’s February regular meeting, MoIT Minister Tran Tuan Anh set a target of 4-5 percent in export growth in 2021. To that end, MoIT Deputy Minister Cao Quoc Hung said that the ministry is considering a new strategy on import-export activities in the coming time to be submitted to the Prime Minister for issuance. In addition, the ministry will continue engaging in negotiations and perfecting relevant institutions on free trade agreements (FTAs), including issues related to the rule of origins so as to help business better optimize advantages of the agreements. It will also consolidate and expand export markets, bring into full play opportunities brought about by existing FTAs, diversify import and export markets, diversify exported products, increase the competitiveness of exported products, and develop brands so as to achieve sustainable export development, Hung added./. VNA …

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Addressing the event, Nguyen Hoai Bao, member of the HAWA executive board, emphasised that despite export activities facing numerous difficulties caused by the impact of the novel coronavirus (COVID-19) epidemic, the Vietnamese wood industry raked in over US$13 billion last year. Most notably, exports to the US market enjoyed a surge of 34% to over US$7 billion compared to 2019, meaning the US has become the leading export market of the domestic wood and handicraft sector. Despite these positives, Bao explained that the US is one of the markets that has set the strictest standards in terms of origin traceability and legality of wood products, thereby forcing local businesses to regularly update the legal system and related regulations as a means of avoiding trade risks and to fully tap into the fastidious market. Julie Hundersmarck, a specialist at the US Forest Service International Programs, emphasised that despite facing fierce competition from a variety of regions, US importers have a preference to do business with suppliers from Asia, including Vietnam. Indeed, moving forward the US Forest Service has initiated plans to assist the country in controlling the origin and legality of wood products which are exported to the US in order to ensure sustainable development. Last year saw the sales of furniture products in the US reach US$115 billion, with this figure forecast to hit US$143 billion over the next five years. Experts have also pointed out that the level of consumer spending on furniture products is projected to increase moving forward, despite the outbreak of COVID-19, noting that local manufacturing firms must be sensitive when selecting investments. As such, they should regularly be introducing fresh products and developing additional trade channels in order to attract customers in an effective manner. …

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