Vietnam’s rice exports declined slightly in October 2024, with volumes reaching 788,352 tonnes, valued at US$505.22 million, according to Vietnam’s General Department of Customs. This represents a 3.7 percent decrease in volume and a 1 percent drop in value compared to September, which recorded 818,355 tonnes and US$510.39 million.
Despite the October dip, year-to-date performance remains robust. From January to October, Vietnam exported 7.75 million tonnes of rice, generating US$4.86 billion in export value. This marks a 10.1 percent increase in volume and a 23.5 percent rise in value compared to the same period in 2023, reflecting higher global rice prices.
The year-to-date growth underscores Vietnam’s strength as a key player in the global rice market. While October’s decline may reflect temporary fluctuations, the sector continues to benefit from strong international demand and competitive pricing.
See also: Agriculture Industry in Vietnam
Vietnam’s rice exports, October vs. September 2024, US$
October | September | MoM | YTD | |
Total | 505,219,471 | 510,393,994 | -1.01% | 4,861,964,312 |
Other | 41,932,965 | 35,814,141 | 17.08% | 437,695,837 |
Philippines | 257,791,533 | 262,319,464 | -1.73% | 2,239,052,618 |
Indonesia | 30,448,958 | 67,256,613 | -54.73% | 655,206,268 |
Malaysia | 27,667,181 | 26,132,434 | 5.87% | 399,879,947 |
Ghana | 69,461,480 | 56,519,702 | 22.90% | 360,980,096 |
Ivory Coast | 32,508,234 | 23,802,683 | 36.57% | 234,816,888 |
China | 5,309,186 | 4,014,484 | 32.25% | 146,540,408 |
Singapore | 7,933,981 | 6,106,311 | 29.93% | 89,059,903 |
Mozambique | 5,323,961 | 8,377,337 | -36.45% | 58,328,180 |
United Arab Emirates | 3,808,171 | 2,273,167 | 67.53% | 33,140,096 |
Cambodia | 3,005,529 | 4,068,096 | -26.12% | 32,303,558 |
HongKong | 3,557,437 | 3,286,068 | 8.26% | 29,926,753 |
Australia | 4,506,541 | 3,344,604 | 34.74% | 28,863,443 |
Saudi Arabia | 2,618,709 | 1,299,527 | 101.51% | 25,409,290 |
United States of America | 4,110,636 | 2,463,868 | 66.84% | 23,658,061 |
Taiwan | 1,285,232 | 488,988 | 162.84% | 9,889,049 |
Turkey | 33,417 | 55,382 | -39.66% | 9,395,875 |
Netherlands | 420,322 | 357,238 | 17.66% | 7,642,332 |
Russia | 703,532 | 874,526 | -19.55% | 7,231,085 |
Ukraine | 56,048 | 60,875 | -7.93% | 6,932,679 |
Poland | 660,764 | 90,410 | 630.85% | 6,823,190 |
South Africa | 550,012 | 771,716 | -28.73% | 5,384,570 |
Tanzania | 0 | 0 | 0.00% | 3,991,855 |
France | 607,184 | 237,008 | 156.19% | 3,233,085 |
Spain | 262,258 | 120,242 | 118.11% | 1,605,538 |
Senegal | 345,020 | 42,780 | 706.50% | 1,589,197 |
Angola | 229,550 | 195,145 | 17.63% | 1,276,145 |
Chile | 0 | 0 | 0.00% | 853,541 |
Belgium | 0 | 0 | 0.00% | 582,917 |
Bangladesh | 0 | 0 | 0.00% | 322,164 |
Iraq | 81,630 | 0 | 0.00% | 213,971 |
Brunei Darussalam | 0 | 21,185 | -100.00% | 83,528 |
Algeria | 0 | 0 | 0.00% | 52,245 |