Philippines to remain largest rice importer in 2020

The Philippines will retain its status as the world’s biggest rice importer in 2020, according to the US Department of Agriculture-Foreign Agricultural service (USDA-FAS).

14, Feb. 2020

Image by 41330 from Pixabay
Image by 41330 from Pixabay

SINGAPORE, VNA - The Philippines will retain its status as the world’s biggest rice importer in 2020, according to the US Department of Agriculture-Foreign Agricultural service (USDA-FAS).

In 2020, the Philippines is scheduled to import about 2.5 million tonnes of rice, down 13.8 percent year-on-year.

In 2019, the Philippines imported a record of 2.9 million tonnes of rice, posting a four-fold increase over the past three years, and making up about 7 percent of the world’s total rice import volume. - VNA