Rice import arrivals surpass 2023 shipments

Quick Summary:

Imported rice shipments that arrived in the Philippines reached a record 4 million metric tons (MMT) as of mid-November, according to the latest data from the Bureau of Plant Industry (BPI).

The DA said the Philippines may end 2024 with a palay output of 19.41 MMT, 3.24 percent lower than the record 20.06 MMT it produced last year.

Of the volume that arrived in the Philippines, data from BPI indicated that over 3.16 MMT came from Vietnam, which maintained its status as the country’s top source of imports.

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Article Details

Author / Journalist: Ada Pelonia

Category: BusinessStartups

Markets: PhilippinesIndiaMyanmarPakistanThailandUnited StatesVietnam

Topics: Shipments Country’s Imported Philippines Last Agriculture Year Projected Data 2024 Rice

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-20 @ 15:37:40 (1 days ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 532 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 27 words per sentence (average)

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Copyright Owner: © Business Mirror

News ID: 23721626

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