Can shorten the 60-day suspension order
At a regular press conference organized by the Ministry of Agriculture and Environment on September 4, representatives of the units answered questions about the Philippines' temporary suspension of rice imports.
According to Deputy Minister of Agriculture and Environment Phung Duc Tien, Vietnam's food security contributes significantly to the world, with great export value and a great position of Vietnam in the international arena.
Mr. Le Ba Anh - Deputy Director of the Department of Quality, Processing and Market Development said that Decree No. 93 of the President of the Philippines on suspending imports for 60 days is intended to protect the Philippines' harvest season during this period. On September 1, the Ministry of Industry and Trade issued an official dispatch stating solutions to request rice exporting enterprises to buy and store to stabilize the price of rice materials for export in the coming time.
"Regarding Decree 93 of the President of the Philippines, although suspended for 60 days, it requires the Philippine Ministry of Agriculture to re-evaluate the situation after 30 days and may shorten this suspension order" - Mr. Ba Anh said.
Rice exports earned 3.17 billion USD in 8 months
According to the report of the Ministry of Agriculture and Environment, the volume of rice exports in August 2025 is estimated at 770 thousand tons with a value of 344.1 million USD, bringing the total volume and value of rice exports in the first 8 months of 2025 to 6.3 million tons and 3.17 billion USD, an increase of 2.2% in volume but a decrease of 17.5% in value compared to the same period in 2024. The average export price of rice in the first 8 months of 2025 is estimated at 504.9 USD/ton, down 19.3% over the same period in 2024.
According to the report, the Philippines is Vietnam's largest rice consumer market with a market share of 42.4%. Gana and Cote d'Aoa are the next two major markets with market share of 11.7% and 10.7% respectively. Compared to the same period last year, the value of rice exports in the first 7 months of 2025 to the Philippine market decreased by 15.6%, the Gana market increased by 44.4%, and the Ngoan Ha market increased by 88.9%.
In the group of 15 largest exporting markets, rice export value increased the most in the Bangladesh market with an increase of 188.4 times and decreased the most in the Malaysian market with a decrease of 54.4%.
In August 2025, in the Asian rice market, export rice prices decreased simultaneously.Indian rice prices have hit since August 2022.Thai rice prices have decreased due to gloomy demand.
Previously, Vietnamese rice prices increased due to buyers in the Philippines stocking up before the import suspension period, then turned down again.
Specifically, in Thailand, the price of 5% broken rice decreased by 16 USD/ton to 354 USD/ton; 100% white rice of type B decreased by 16 USD/ton to 364 USD/ton; 25% broken rice decreased sharply by 20 USD/ton to only 333 USD/ton.
Meanwhile, in Vietnam, 5% broken rice recorded an increase to 395 USD/ton - the highest level on the market on August 20, then turned down, currently at 389 USD/ton; 25% broken rice increased to 371 USD/ton, currently down to 367 USD/ton; 100% broken rice increased to 339 USD/ton, currently down to 333 USD/ton; sophisticated sophisticated sopmine rice increased to 561 USD/ton, currently down to 545 USD/ton.
In India, the price of 5% broken rice decreased by 2 USD/ton to 376 USD/ton; 25% broken rice decreased by 2 USD/ton to 360 USD/ton; 5-plate Stxd off-yet rice decreased by 11 USD/ton to 364 USD/ton. In Pakistan, with 5% broken rice falling sharply by 17 USD/ton to 353 USD/ton; 25% broken rice falling by 14 USD/ton to 335 USD/ton; 100% broken rice falling by 10 USD/ton to 307 USD/ton.
As of August 2025, Thailand's 5% export key rice product decreased by 17 USD/ton, Vietnam decreased by 12 USD/ton, Pakistan decreased sharply by 26 USD/ton compared to the average price in July 2025.
