Vietnam’s rice industry is facing a steep drop in export prices, even as shipment volumes climb, underscoring the challenges of a volatile global grain market.

VOV.VN - Vietnam’s rice export prices have shown signs of recovery following a prolonged decline, according to the Vietnam Food Association (VFA).

Vietnam's agro-forestry-aquatic product exports reached US$6.14 billion in March, bringing the total export value in the first quarter of this year to US$15.72 billion, a year-on-year increase of 13.1%.

Vietnam’s rice export prices are showing signs of recovery after a prolonged period of decline, according to the Vietnam Food Association (VFA).

Vietnam’s agro-forestry-fisheries exports reached an estimated US$4.4 billion in February, marking a 37.2% increase compared to the same period last year, pushing the total value in the first two months of 2025 to US$9.38 billion, up 8.3% year on year, according to the Ministry of Agriculture and Environment (MoAE).

VOV.VN - After remaining high for an extended period, Vietnam's 5% broken rice export price dropped to US$399 per tonne in early 2025, falling below that of regional competitors such as Thailand, India, and Pakistan, according to the Vietnam Food Association (VFA).

Rice exports set new records in both volume and value in 2024 but the commodity is expected to face a difficult year ahead as India lifted its ban on non-basmati white rice exports in September, which will push up global rice supplies next year.

VOV.VN - Vietnam exported nearly 8.5 million tonnes of rice worth US$5.31 billion over the past 11 months, up 10.6% in volume and 22.4% in value compared to the same period from last year, the Ministry of Agriculture and Rural Development has reported.

Vietnam exported 6.16 million tonnes of rice in the first eight months of this year, up 5.9% over the same period last year, the Ministry of Agriculture and Rural Development (MARD) has said.

With the current uncertainties in the global rice market, Indonesia's call for larger rice tenders is a major opportunity for exporters, particularly those from Vietnam.