# Promising future for rice exporters

> Vietnam shipped 4.9 million tonnes of rice in the first nine months of 2018, earning $2.5 billion, up 22% year on year. China's 50% tariff on rice imports from July hurt sticky rice prices, and exporters are shifting volume to Iraq, the Philippines, Malaysia and other markets.

- Date: 2018-09-26 · published 2018-09-26T12:00:00.000Z
- Category: trade · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/63116-promising-future-for-rice-exporters
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Strong Vietnamese export volumes and market diversification support Asian rice prices, while China's tariff keeps pressure on sticky rice demand.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2022-07-03 | [Surging demand offers Vietnam rice exporters bright prospects](https://feedsoft.ai/events/40568-surging-demand-offers-vietnam-rice-exporters-bright-prospects.md) | +1.1% | +3.3% |
| RICE | 2018-05-11 | [Bright outlook for Vietnamese rice exporters later this year](https://feedsoft.ai/events/65084-bright-outlook-for-vietnamese-rice-exporters-later-this-year.md) | +1.2% | -9.5% |
| RICE | 2019-09-20 | [China Presents an Opportunity for Indian Rice Exports \| GEP](https://feedsoft.ai/events/57022-china-presents-an-opportunity-for-indian-rice-exports-gep.md) | -2.3% | -3.0% |
| RICE | 2018-05-16 | [Feeding the Dragon: Prospects brighten for non-basmati rice exports  - The HinduBusinessLine](https://feedsoft.ai/events/65000-feeding-the-dragon-prospects-brighten-for-non-basmati-rice-exports-the.md) | -1.2% | -3.2% |
| RICE | 2019-08-03 | [India’s Non-basmati Rice Exporters Seek Parity in Import Duty](https://feedsoft.ai/events/57543-india-s-non-basmati-rice-exporters-seek-parity-in-import-duty.md) | -2.9% | -0.3% |

## Sources

- en.vietnamplus.vn: https://en.vietnamplus.vn/promising-future-for-rice-exporters-post139035.vnp

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