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Vietnam Takes The Lead In Global Rice Export Prices


Published Date: May 13, 2024
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In accordance with the findings of the Vietnam Food Association (VFA), the cost of Vietnamese rice increased by 3 to 8 USD per tonne on the global market last week, assisting Vietnam in taking the lead in rice export prices once again. The association states that the cost of Vietnam's 5% broken rice, at 585 USD per tonne, is 3 USD more than that of Thailand's same product and 10 USD more than that of Pakistan's.

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Vietnam's Broken Rice Prices Outpace Competitors

Vietnamese products cost 555 USD per tonne for 25% broken rice, which is 23 USD more than Thailand's and 13 USD more than Pakistan's. Vietnam's 100% broken rice price, meanwhile, remains steady at 470 USD per tonne, but it is also 25 USD and 21 USD higher than those of Thailand and Pakistan, respectively.

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