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Vietnam’s rice exports decline by 18.13 percent in December

Vietnam’s rice exports decreased by 18.13 percent in December compared to November, reaching US$363.17 million, according to data from Vietnam’s General Department of Customs.

Vietnam’s rice exports total US$5.67 billion for 2024.

The decline in exports was primarily driven by a significant decrease in shipments to the Philippines, which saw a 41.66 percent drop, amounting to US$137.79 million. Exports to Malaysia and Ghana also decreased by 20.33 percent and 18.91 percent, respectively.

However, some markets showed strong growth. Exports to Indonesia, China, Mozambique, and Tanzania saw increases of 180.84 percent, 194.29 percent, 668.98 percent, and 197.71 percent, respectively.

See also: Agriculture Industry in Vietnam

Vietnam rice exports, December 2024, US$

DecemberNovemberMoM2024
Total363,173,637443,615,189-18.13%5,666,120,868
Other38,269,43673,474,615-47.91%576,360,673
Philippines137,787,170236,194,681-41.66%2,610,427,295
Indonesia67,395,16223,997,592180.84%746,313,758
Ghana28,147,43134,711,701-18.91%423,820,877
Ivory Coast25,517,14925,652,084-0.53%285,554,311
China15,894,9715,401,054194.29%167,836,432
Malaysia11,618,46914,583,012-20.33%426,081,428
Singapore9,225,9296,024,22353.15%104,310,055
Mozambique4,443,721577,873668.98%63,349,773
Hong Kong4,379,1534,182,1454.71%38,517,683
UAE3,896,5873,111,41625.24%40,182,608
USA3,693,3992,836,01030.23%30,182,703
Australia3,541,3933,362,2615.33%35,767,098
Cambodia2,949,7071,998,56647.59%37,251,831
Saudi Arabia2,319,3252,139,6368.40%29,862,152
Tanzania1,215,240408,200197.71%5615295
Netherlands897,364562,81659.44%9,102,512
Poland569,2111,214,294-53.12%8,606,695
South Africa547,577872,858-37.27%6,805,005
Taiwan459,6182,036,411-77.43%12,385,079
Russia405,625273,74148.18%7,787,605

See also: How to Start an Export Business in Vietnam.

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