Commodity Origins

How much rice does Vietnam produce and export?

Vietnam is the 5th largest producer of rice: 43.5 million tonnes in 2024, 5.3% of the world's 819.8 million tonnes (FAOSTAT). It is the 4th largest exporter by value: $4.1 billion in 2024, 10% of world exports of rice (HS 1006, mostly milled) (CEPII BACI). Its biggest customer is the Philippines, which takes 44% of its rice exports by value.

All about rice · All about Vietnam · Rice price history

Vietnam's rice production

Vietnam rice production, 2024
World rankProduction (tonnes)Share of worldTen-year growthYear
543.5 million tonnes5.3%-0.3% a year2024

FAOSTAT Crops and livestock products (QCL), 2024. World total is the sum of reporting countries.

Vietnam rice production monthly prices, tonnes, Jan 1961 to Jan 2024Line chart of vietnam rice production monthly prices in tonnes from Jan 1961 to Jan 2024: Vietnam rice production from 8,997,400 to 43,450,449, peaking at 45,090,562.010,000,00020,000,00030,000,00040,000,00050,000,000196519701975198019851990199520002005201020152020tonnes
Vietnam rice production

Share of world output over time

Vietnam's share of world rice production in selected years
19902000201020202024
3.7%5.5%5.8%5.5%5.3%

Average annual share by decade: 1960s 3.6%, 1970s 3.1%, 1980s 3.3%, 1990s 4.5%, 2000s 5.7%, 2010s 5.9%, 2020s 5.5%. See the concentration-over-time report.

Vietnam's rice exports

Vietnam exports of Rice, 2024
World rankExport valueShare of world exportsQuantity (tonnes)Average value per tonneYear
4$4.1 billion10%7 million t$5852024

CEPII BACI international trade database (HS22, V202601), HS 1006 (Rice).

Where Vietnam's rice goes

Largest destinations of Vietnam's rice exports, 2024
DestinationValueShare of Vietnam's exports
Philippines$1.8B44%
Indonesia$753M18%
Malaysia$430M11%
Ivory Coast (Côte d'Ivoire)$346M8.5%
China$165M4.1%

Largest five destinations of 4,485 exporter-importer pairs BACI reports for 2024. See trade flows.

Vietnam as a buyer of rice

Vietnam imported $1.7 billion of rice (HS 1006, mostly milled) in 2024, 4.3% of world imports, ranked #4. Of its $1.7 billion of rice imports in 2024, 82% came from Cambodia and 16% from India, among 20 suppliers. Largest sources: Cambodia (82%), India (16%), Myanmar (1.3%), China (1%), Thailand (0.4%).

Import dependency · Supplier shifts

How much rice Vietnam uses

Vietnam's domestic supply of rice was 32.1 million tonnes in 2023, 4.2% of the world's. Food supply was 220 kg per person a year, 7th highest of 141 countries with a million or more people. It produced 128% of what it used (self-sufficiency) and imported 4%. FAO's item is "Rice and products (milled equivalent)". Consumption · Self-sufficiency.

The rice price Vietnam sells into

The benchmark price, Thai 5% broken, Bangkok FOB, was $482/t in September 2026, up 29% over twelve months. Its five-year volatility is 20% a year, calmer in 67% of its earlier five-year windows. A single country's export price can differ from the benchmark: see trade price against benchmark. Monthly averages lag the market and are not investment advice. Rice price history.

Cite as: Commodity Origins, "Vietnam rice: production, exports and prices", https://commodityorigins.com/countries/VNM/rice/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.