By takumihamano 
Vietnam’s rice export market has recently seen significant developments, capturing the attention of global markets and stakeholders. Here are the key highlights:
- Record High Prices: Vietnam’s 5% broken rice price has reached a global high of USD 396 per ton, surpassing prices in Thailand and India. This increase is attributed to stable demand from traditional markets and a non-surplus supply.
- Export Volume and Revenue: In the first quarter of 2025, Vietnam exported 2.3 million tons of rice, generating nearly USD 1.21 billion in revenue. The Philippines emerged as the largest export market, accounting for over 42% of total exports.
- Market Dynamics: The price surge is driven by strong demand and tight supply, including potential purchases from countries like Indonesia. This has positioned Vietnam’s rice as a premium product in the global market.
- Comparative Analysis: While Vietnam’s rice prices have soared, Indian 5% broken rice prices have fallen to a 5-month low of USD 404-408 per ton due to a weakening rupee. In contrast, Vietnamese 5% broken rice prices have risen to USD 460-465 per ton, a 4-year high.
In summary, Vietnam’s rice export market is experiencing a remarkable period of growth and high demand, leading to record prices and substantial revenue. This trend underscores the country’s strong position in the global rice market and its ability to meet the needs of its traditional and emerging markets.
}