According to statistics from the Customs Department, Vietnam’s rice export volume in July 2025 is estimated to reach 750,000 tons, with a value of 366.1 million USD.
The total volume and value of rice exports in the first 7 months of 2025 reached 5.5 million tons and 2.81 billion USD. This was an increase of 3.1% in volume but a decrease of 15.9% in value compared to the same period in 2024.
The average export price in the first 7 months of 2025 is estimated at 514 USD/ton, a decrease of 18.4% compared to the first 7 months of 2024.
By value, the Philippines is currently Vietnam’s largest export market for rice, with over 2.4 million tons, worth over 1.1 billion USD. These figures represent a 6% increase in volume but a 16% decrease in value compared to the first 7 months of 2024. Export prices fell sharply by 20%, reaching an average of 491 USD/ton.
Ghana ranks second, with over 586,000 tons, valued at over 330 million USD. This is an increase of 78% in volume and 44% in value compared to the same period in 2024. The average export price reached 562 USD/ton, a decrease of 19%.
Since the beginning of the year, Vietnam has earned over 2.8 billion USD from rice exports.
Notably among the major markets, Ivory Coast is experiencing strong triple-digit growth. Specifically, Vietnam exported over 648,000 tons of rice to this African country, valued at over 302 million USD. This shows a significant increase of 148% in volume and 89% in value compared to the same period last year. The price decreased by 24%, equivalent to USD 613 per ton.
The Thai Rice Exporters Association said that Vietnam surpassed Thailand to become the world’s second-largest rice exporter in the first six months of 2025. Statistics from this association show that from January to June 2025, India exported 11.68 million tons of rice, an increase of 36.5% compared to the same period last year.
Next is Vietnam with 4.72 million tons, an increase of 3.5%. Thailand ranked third with an export volume of 3.73 million tons, a decrease of 27.3%. Vietnamese rice has made a difference and maintained growth in the first 7 months of the year compared to the same period last year.
Since late 2024, India has lifted its ban on rice exports, causing a sharp increase in global rice supply. With its large production and competitive selling price, Indian rice is putting strong pressure on other exporting countries, including Vietnam. Along with that, some traditional markets like the Philippines and Indonesia have reduced imports because they have sufficient reserves since 2024 and are waiting for prices to fall to re-import.
Although the average export price is decreasing, Vietnam’s high-end rice segment has maintained high prices and stable growth. For example, ST25 rice, which was once awarded “World’s best rice,” can be sold for up to 1,200 USD/ton in the European market.
The United States Department of Agriculture (USDA) forecasts that Vietnam’s rice exports in 2025 will reach about 7.9 million tons, while Thailand will only achieve 7 million tons, a record low for many years. In the context of an unstable market, the sustainable direction for Vietnam’s rice industry is to invest in improving product quality, controlling chemical residues, following international standards, and diversifying rice varieties. This is a long-term strategy that not only maintains market share but also helps Vietnamese rice increase in value and gain a strong foothold in the global market.