2022
Exports
$3.18BWorld Rnk 3 / 176
Flag Rnk 26 / 1176
2022
PRODUCT COMPLEXITY IN Rice
-1.95Rnk 998 / 1025
2022
Imports
$631MWorld Rnk 11 / 221
Flag Rnk 112 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $3.18B in Rice, making it the 3rd largest exporter of Rice in the world. At the same year, Rice was the 26th most exported product in Vietnam. The main destination of Rice exports from Vietnam are: Philippines ($1.38B), China ($429M), Cote d'Ivoire ($333M), Ghana ($230M), and Malaysia ($197M).

The fastest growing export markets for Rice of Vietnam between 2021 and 2022 were Philippines ($200M), Cote d'Ivoire ($124M), and Malaysia ($58.9M).

Imports In 2022, Vietnam imported $631M in Rice, becoming the 11th largest importer of Rice in the world. At the same year, Rice was the 112th most imported product in Vietnam. Vietnam imports Rice primarily from: Cambodia ($401M), India ($192M), Laos ($14.4M), China ($12.4M), and Thailand ($8.87M).

The fastest growing import markets in Rice for Vietnam between 2021 and 2022 were Cambodia ($8.64M), Laos ($2.85M), and Thailand ($1.16M).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (25), LOBLAWS INC (12), and WALONG MARKETING INC. (9) were at the forefront of shipping Rice from Vietnam to the United States.

Latest Trends

Mar 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Rice. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.18B
IMPORTS (2022)$631M
NET TRADE (2022)$2.55B

In 2022, Vietnam exported $3.18B in Rice. The main destinations of Vietnam exports on Rice were Philippines ($1.38B), China ($429M), Cote d'Ivoire ($333M), Ghana ($230M), and Malaysia ($197M).

In 2022, Vietnam imported $631M in Rice, mainly from Cambodia ($401M), India ($192M), Laos ($14.4M), China ($12.4M), and Thailand ($8.87M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Philippines$200M (17%)
Cote d'Ivoire$124M (59.2%)
Malaysia$58.9M (42.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Vietnam WERE (2021 - 2022):
Ghana-$164M (-41.5%)
China-$92.4M (-17.7%)
Papua New Guinea-$18.1M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Rice were:
India $11.1B
In 2022, Vietnam's main importing competitors in Rice were:

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Trade Value of Rice by Exporters

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