According to statistics from the Customs Department, in March 2025, Vietnam’s rice exports increased by 54.82% in volume and 48.06% in value compared to February 2025.
However, the price decreased by 4.37%, reaching 1.08 million tons, equivalent to 530.54 million USD, with an average price of 491.8 USD/ton. The main reason is that the rice price at the beginning of the year was low, affecting the total export value even though the production did not decrease.
The Ministry of Agriculture and Environment reported that in March, although rice prices decreased, rice exports still increased in both volume and value compared to February 2025. In the first quarter of the year, Vietnam’s rice exports reached 2.3 million tons, worth nearly 1.21 billion USD.
In March 2025, Vietnam exported the most rice to the Philippines, reaching 438,805 tons, equivalent to 204.51 million USD. Followed was China with 159,021 tons, equivalent to 79.8 million USD, and Ghana with 62,908 tons, equivalent to 37.38 million USD.
The export price of Vietnam’s rice has increased again.
According to the Vietnam Food Association (VFA), since the beginning of April 2025, the export price of Vietnam’s rice has been recovering. Currently, the price of standard 5% broken rice for export is 396 USD/ton, 25% broken rice is 368 USD/ton, and 100% broken rice is 317 USD/ton. Meanwhile, the export price of rice from Thailand has dropped to its lowest level in over three years. Specifically, the price of Thai 5% broken rice has decreased to 393 USD/ton, the lowest level since January 2022, 25% broken rice at 369 USD/ton, and 100% broken rice at 336 USD/ton.
In addition, the price of Indian 5% broken rice is 387 USD/ton, the lowest level in nearly 22 months. 25% broken rice from India is priced at 362 USD/ton. The export price of Vietnam’s rice is now leading the world.
Mr. Do Ha Nam, Chairman of the VFA, said that the current increase in rice prices is due to the limited rice supply, while traditional customers always have a high and stable demand for Vietnamese rice.
According to the Vietnam Trade Office in the Philippines, in 2025, the demand for rice imports in the Philippines will remain high, forecast at around 4.9 million tons, even over 5 million tons. Vietnamese rice continues to be the main source of imports for the Philippines.
Along with the export rice price, the domestic price now ranges from 13,000 to 13,200 VND/kg, equivalent to about 550 USD/ton.
Many economic experts forecast that, in 2025, the demand for rice imports in the above markets will continue to remain high, helping traditional large rice-exporting partners like Vietnam achieve stable output.
To date, Vietnamese rice is considered to be less affected because the countervailing duties on rice exports to the US market are low, and high-quality fragrant rice like ST25 has low production and strong demand.
In the context of the current unstable and highly competitive rice market, Vietnam needs to continue improving quality and diversifying rice products to create a distinction in the global market.