According to data given by the Chinese General Administration of Customs, the Asian giant imported a total of 910,000 tonnes of rice worth US$434.15 million over the first two months of the year, representing a sharp increase of 203.3% in volume and a rise of 180.6% in value compared to the same period from last year.
Of the total, Vietnamese rice exports to China surged by 206.3% against last year’s corresponding period.
Most notably, China’s rice imports from Pakistan reached the highest level, with turnover climbing to US$127.61 million, representing an annual rise of 339.7% and accounting for 29.4% of its total rice imports.
China’s rice imports from other markets, including Myanmar and Thailand, also increased sharply by 220.4% and 83%, respectively.
During the first quarter of the year, Vietnamese rice exports to China reached 256,516 tonnes worth US$136.17 million, up 58% in volume and 49.7% in turnover compared to the same period from last year, according to the General Department of Vietnam Customs.
Last year saw China consume 752,300 tonnes of Vietnamese rice worth US$431.7 million, up 91.6%.