Vietnam: Rice Trade - Monthly

  |   Attaché Report (GAIN)   |   VM2023-0057

Contact:

Office of Agricultural Affairs, Hanoi   |   (011-84-24) 3850-5000 x 6106

Link to report:

Vietnam: Rice Trade - Monthly

In August, Vietnam's rice export prices surged by 22 percent compared to the previous month, reaching an average of USD 654 per ton. Its exports volume saw a significant increase of 40 percent, reaching 921 million tons after India, United Arab Emirates and Russia imposed a ban on rice exports. Cumulatively, in the first 8 months of 2023, Vietnam has surpassed Thailand to become the world's second-largest rice exporting country, with a total volume of 5.9 million tons. Vietnam's main export destinations are the Philippines, Indonesia, Ghana, China, and Malaysia. Notably, exports to the Philippines soared to 409 thousand tons, marking a 75 percent spike from the previous month, and the country now comprises 44% of Vietnam's export market. Exports to Indonesia increased modestly while exports to Ghana and China experienced significant jumps.

East Asia and the Pacific, Vietnam
Grains, Feeds and Fodders, Rice

Database Source:

Related Reports

View More
Attaché Report (GAIN)

Dominican Republic: Food Processing Ingredients Annual

The Dominican Republic’s food processing industry totaled $2.90 billion for calendar year (CY) 2024, in activities categorized as “food industry.” Beverages and other food products accounted for an additional $1.02 billion during the same period.
Attaché Report (GAIN)

Peru: Food Processing Ingredients Annual

Peru boasts a thriving food processing industry that plays a crucial role in its economy. This sector contributes approximately 27 percent to the country's industrial gross domestic product.
Attaché Report (GAIN)

Pakistan: Cotton and Products Annual

Driven by a minor increase in area and assuming average yields, cotton production is expected to increase somewhat in 2025/26. With expectations for continued strong export demand, domestic use is forecast to grow modestly in 2025/26.