How much rice does Vietnam produce annually?

How much rice does Vietnam produce per year?

In 2017, Vietnam was the world’s fifth largest rice producing country [14]. The rice production has continuously increased from 27 million tons in 1997 to almost 46 million tons in 2017, an increase of 66% within a period of twenty years.

How much rice does Vietnam produce?

Since 1993, Vietnam has become a significant net exporter of rice, and in 2015, rice production reached 28 million tons. The country’s past growth track was based on high production of low quality rice and export at low price based on government-to-government contracts to Asian, African, and Middle Eastern markets.

How much rice did Vietnam produce 2019?

In the production period of 2020/2021, the production volume of rice in the Mekong Delta in Vietnam is forecasted to reach 24.7 million metric tons. In the 2018/2019 period, there were 25.2 million metric tons of rice produced in the same region.

Does Vietnam produce a lot of rice?

Rice production in Vietnam in the Mekong and Red River deltas is important to the food supply in the country and national economy. Vietnam is one of the world’s richest agricultural regions and is the second-largest (after Thailand) exporter worldwide and the world’s seventh-largest consumer of rice.

How much do rice farmers make in Vietnam?

Over 15 million smallholder farmers derive their livelihoods from rice in the Red River and Mekong deltas. However, the number of smallholders who can make a living from rice is declining. In the Mekong Delta, an average family only earns $100 a month from cultivating rice.

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Where does Vietnam export rice to?

Top export destinations of “Rice.” from Vietnam in 2020: Philippines with a share of 38% (1.07 billion US$) China with a share of 16.6% (464 million US$) Ghana with a share of 10.1% (282 million US$)