Myanmar exported more than 2.48 million tonnes of rice and broken rice in the 2024–2025 fiscal year.

Vietnam is set to make a groundbreaking entry into the 'low-emission' rice market in Japan, with its first export shipment in June.

Vietnam’s rice exports reached a record 9.04 million tonnes in 2024, up 11 percent year-on-year, with an increase of 21% in value to reach 5.7 billion USD. Meanwhile, rice import totalled 3.7 million tonnes last year.

Exports, a key driver of Southeast Asia's second-largest economy, jumped 14.0% in February from a year earlier, above a forecast rise of 9.7% in a Reuters poll and following January's 13.6% increase.

According to the VFA's data, out of 1.1 million tonnes of rice exported in the first two months of the year, high-quality rice accounted for 80%, reinforcing Vietnam’s competitive edge against India and Thailand.

On March 7, the Indian government unexpectedly lifted its ban on 100% broken rice exports. This move delivers another blow to rice-exporting countries at a time when rice prices have already dropped significantly. However, according to Bui Trung Thuong, Vietnam’s Trade Counselor in India, this decision will benefit Vietnam.

Vietnamese and Thai 5% broken rice have seen declines of 38-45%, with Vietnam’s prices falling from 680-700 USD per tonne to 390-400 USD per tonne, an unprecedented decrease.

Due to the effects of global supply and demand developments, Vietnam's rice exports in the first two months showed a declining trend as export prices continuously fell. Meanwhile, Mekong Delta localities are currently in the peak harvest season for the winter-spring crop, leading to a significant decrease in the rice purchasing prices compared to the same period in 2024.

Vietnam is expected to export over 7.5 million tonnes of rice in 2025, mainly from the Mekong Delta, according to the Ministry of Agriculture and Rural Development.

MARD’s supply and demand report sent to the Ministry of Industry and Trade (MoIT) projects the Mekong Delta will cultivate 3.78 million hectares of rice, yielding more than 23.96 million tonnes. Of this, 15.08 million tonnes of commercial rice, equivalent to 7.54 million tonnes of husked rice, will be available for export.

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.

Thailand exported 8.37 million tonnes of rice in January-October, a year-on-year increase of 20%, according to the Ministry of Commerce.

Vietnam’s agro-forestry-aquatic product exports are likely to achieve a record high of 62 billion USD in 2024, said Deputy Minister of Agriculture and Rural Development Phung Duc Tien.

Improving the rice quality, diversifying markets, and building a recognisable and trustworthy brand identity for Vietnamese rice are among measures for Vietnam to boost its rice exports, said Secretary of All India Spices Importers Federation (AISIF) Hiren Gandhi.

Vietnam exported over 7 million tonnes of rice worth 4.37 billion USD in the first three quarters of 2024, up 9.2% in volume and 23.5% in value compared to the same period last year, the Ministry of Agriculture and Rural Development (MARD) has reported.

KD Trading, a logistic company run by two Vietnamese-Canadians, has become the sole partner to distribute ST25 rice (Mr. Cua's rice) in the Canadian market.

Vietnam’s rice exports are expected to reach a record turnover of about 5 billion USD this year, as high demand from many large and traditional markets, such as the Philippines and Indonesia, continues.

Vietnam has many opportunities to promote rice exports in the second half of this year, even though India could change its rice export policy in the next few months, according to the Ministry of Industry and Trade (MoIT).

The prices of Vietnamese rice increased strongly in many foreign markets in the first half of this year, according to statistics from the General Department of Vietnam Customs.

The Philippines, one of the world's largest rice buyers and biggest importers of the Vietnamese grain, officially announced a reduction in rice import taxes from 35% to 15%, effective in early August this year and lasting until 2028.