Vietnam Rice Exports

Over eight months, the country exported nearly six million tons of rice, generating revenue of nearly US$3.2 billion, up 21% and 35% year-on-year, respectively.

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Vietnam had exported 4.83 million tons of rice by the end of July, amassing US$2.6 billion in revenue.

The move could further cement Vietnam's growing presence in the global food supply chain.

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The market will remain favorable for Vietnam's rice exports through the first quarter of 2023.

Vietnam is on track to export 7.2-7.3 million tons of rice in 2022, the second-highest export volume in the country's history.

Vietnam’s rice remains favorite in the international market despite fierce competition.