According to data from the Ministry of Agriculture and Environment, the rice export volume in July 2025 is estimated at 750 thousand 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, up 3.1% in volume but down 15.9% in value compared to the same period in 2024.
The average export price of rice in the first 7 months of 2025 is estimated at 514 USD/ton, down 18.4% over the same period in 2024. Of which, the Philippines is the largest rice consumer market in Vietnam with a market share of 42.6%. Ghana and the Ivory Coast are the next two major markets with market participants of 11.1% and 10.6%, respectively.
Compared to the same period last year, the value of rice exports in the first 6 months of 2025 to the Philippine market decreased by 13.5%, the Ghana market increased by 53.5%, and the Ivory Coast market increased by 96.6%. In the group of 15 largest exporting markets, rice export value increased the most in the Bangladesh market with an increase of 188.2 times and decreased the most in the Malaysian market with a decrease of 58.5%.
As of the end of July, it is estimated that the whole country has planted about 6.52 million hectares of rice, an increase of 1% over the same period last year. The harvested rice area is estimated at 4.13 million hectares, an increase of 2.3% over the same period last year.
The reason for the decline in rice exports is said to be due to large supply in the market, low export prices and importing markets limiting purchases to wait for prices to decrease. In the coming time, the Ministry of Agriculture and Environment will continue to implement solutions such as continuing to maintain export market share, taking advantage of competitive advantages to increase the market share of fragrant rice. In addition to maintaining traditional markets with large market participants such as the Philippines and Indonesia, Malaysia needs to seek more export markets and diversify input materials to reduce tax pressure.
Meanwhile, Vietnam's agricultural, forestry and fishery export turnover in July 2025 is estimated at 6.01 billion USD, up 13.4% compared to July 2024. Total export turnover of agricultural, forestry and fishery products in the first 7 months of 2025 reached 39.68 billion USD, up 14.7% over the same period in 2024.
In terms of territory, Asia is the largest export market for agricultural, forestry and fishery products in Vietnam with a market share of 42.6%. The next two major markets are the US and Europe with market share of 23.3% and 15.1% respectively.
In particular, the US is still Vietnam's largest export market with a market share of 21%, followed by China with a market share of 18.4%, and Japan with a market share of 7.2%. Compared to the same period last year, the estimated export value of Vietnam's agricultural, forestry and fishery products in the first 7 months of 2025 to the US market increased by 12.1%, China increased by 3.6%, and Japan increased by 23.6%.
