# Opportunities for Vietnam to maintain stable rice export to Philippines - UkrAgroConsult

> The Philippines cut most-favoured-nation tariffs on imported rice by executive order, and Vietnam's Ministry of Industry and Trade says this opens opportunities for Vietnamese exporters. The ministry urged firms to cooperate with farmers and meet Philippine import clearance rules.

- Date: 2021-05-25 · published 2021-05-25T12:00:00.000Z
- Category: policy · region Philippines · magnitude medium
- Page: https://feedsoft.ai/events/47149-opportunities-for-vietnam-to-maintain-stable-rice-export-to-philippines
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Lower Philippine tariffs could lift Vietnamese and other Asian rice export volumes and add competition for Thai and Indian rice, a modestly bearish signal for export prices.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2018-11-01 | [Philippines fixes rice prices as inflation appears unstoppable](https://feedsoft.ai/events/62124-philippines-fixes-rice-prices-as-inflation-appears-unstoppable.md) | +1.1% | +3.2% |
| RICE | 2019-05-08 | [Rice crisis over? Philippines looks at removal of suggested retail prices as market stabilises](https://feedsoft.ai/events/59173-rice-crisis-over-philippines-looks-at-removal-of-suggested-retail-prices-as.md) | +1.6% | +9.4% |
| RICE | 2024-07-09 | [Swelling granaries may prompt India to ease rice export curbs \| Mint](https://feedsoft.ai/events/29225-swelling-granaries-may-prompt-india-to-ease-rice-export-curbs-mint.md) | -13.9% | -10.5% |
| RICE | 2019-12-09 | [Govt may ask FCI to sell 1.5 MT broken rice for grain-based biodiesel units \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/55669-govt-may-ask-fci-to-sell-1-5-mt-broken-rice-for-grain-based-biodiesel-units.md) | +1.7% | +4.3% |
| RICE | 2024-09-30 | [Global rice prices to ease as India lifts export ban \| Philstar.com](https://feedsoft.ai/events/28370-global-rice-prices-to-ease-as-india-lifts-export-ban-philstar-com.md) | +0.1% | +0.0% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/opportunities-for-vietnam-to-maintain-stable-rice-export-to-philippines/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.