Live Rice Index

Vietnam Vietnam

Vietnam regularly produces an exportable surplus of around 6.5 - 7 million MTS (milled equivalent) and is a major rice exporter. The country’s export sector relies heavily on demand from its large northern neighbour, China, which accounts for more than 35% of all Vietnamese rice exports, some of which crosses the border unofficially. Vietnam has three harvests a year (Winter/Spring, Summer/Autumn and the 10th Month crop), although the 10th Month crop is often of a comparatively poorer quality. The Winter/Spring crop accounts for around 45% of annual production, Summer/Autumn for around 35% and 10th Month for around 20%. Vietnam’s rice exports increased significantly in 2017 due to improved demand from Asian destinations, especially the Philippines and Bangladesh, and rose again in 2018. Vietnam is also a leading exporter of fragrant rice, with Vietnamese Fragrant and KDM rice often exported to the Iraqi and West African markets.

Subscribe now for full access!

Here you will find the latest rice market news from Vietnam. Our country reports provide up-to-date information on rice exports, rice imports, rice crop progress, currency and Government policies – register now to gain full access.

LRI Subscribers can view this information

Subscribe now to have full access

Please subscribe or login for access to this section.

Live Rice Index - register now for access