Vietnam: Rice Trade - Monthly
Link to report:
In July, Vietnam's rice exports surged to 656,869 tons, with its primary export markets being the Philippines, Indonesia, Ivory Coast, Ghana, and China. Notably, shipments to the Philippines soared to 239,400 tons, marking a 45% spike from the previous month and securing a 36% share of the export market. Meanwhile, exports to Indonesia, the second-ranked market, accounted for 17% of market share but experienced an 11% decline. The average export price for all rice types rose by 8% compared to the previous month due to India's ban on non-basmati white rice exports on July 20, followed by the ban on rice exports by the United Arab Emirates and Russia a week later.
