The Nordic countries (Sweden, Denmark, and Norway are mentioned in this book) are not rice-growing countries. Therefore, these countries must completely import rice for consumption and production. In 2020, the Nordic countries imported 147,718 tons of rice, worth 186.52 million USD, of which, import turnover from Vietnam reached 5.8 million USD, equivalent to 7,353 tons, with an average price of 740 USD/ton.
Currently, Vietnam only exports milled rice to the Nordic region. Although export turnover is not much, accounting for only 3.1% of the import market share in Northern Europe, but with an impressive growth rate, an average of 54%/year in the period 2016-2020. Before 2019, Sweden barely imported Vietnamese rice. Since 2019, with the Trade Office's campaign and promotion of rice products to prepare for the EVFTA Agreement, Sweden's rice import turnover from Vietnam has grown significantly, from a few dozen to more than $ 100,000 has increased to more than $ 1 million in 2019 and $ 1.7 million in 2020. Vietnam's rice exports to Norway also increased sharply from $1.8 million in 2018 to more than $3.7 million in 2020.
Denmark's rice imports from Vietnam are not growing as strongly as the markets of Sweden and Norway, but they are also at an average rate of 8%/year in the five-year period 2016-2020, higher than the average growth of rice imports. of this market. In order to support Vietnamese enterprises to maintain the momentum of export growth as well as gradually gain a firm position in the Nordic rice market, the Vietnam Trade Office in Sweden compiled the book "Northern European rice market". , which in turn introduces an overview of the Nordic rice market, as well as the size, trends, market segments, production, import and export, distribution channels, market regulations. , advantages and disadvantages, from which to make recommendations for businesses. This book also provides a list of rice importers to facilitate Vietnamese enterprises to access and export to the Nordic market. Hope the book is useful for businesses and readers.
Please visit here to read the book https://vietnordic.com/wp-content/uploads/books/Rice1/rice.html. Source: Vietnam Trade Office in Sweden
