What is the price of rice per kilogram/pound in Vietnam today?
The retail price range for Vietnam rice is between US$ 0.44 and US$ 0.78 per kilogram or between US$ 0.20 and US$ 0.35 per pound(lb). Click here to see today's exact prices of rice in Vietnam
The retail price range in Dong for rice is between VND 10,923.75 and VND 19,420.00 per kilogram or between VND 4,954.08 and VND 8,807.26 per pound(lb) in Hanoi and Ho Chi Minh City.
Wholesale prices
In 2024, the approximate wholesale price range for Vietnam rice is between US$ 0.31 and US$ 0.54 per kilogram or between US$ 0.14 and US$ 0.25 per pound(lb).
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Vietnam Rice Export Prices - Historical, Trends and Prediction
The export price of Rice from Vietnam over the last five years has been relatively stable. In 2016, the export price per kilogram was 0.45 US dollars, which remained the same in 2017. In 2018, the price increased to 0.91 US dollars, before dropping back to 0.45 US dollars in 2019 and 2020. Based on this trend, it is likely that the export price of Rice from Vietnam in 2023 and 2024 will be around 0.45 US dollars per kilogram.Vietnam Rice Import Prices - Historical, Trends and Prediction
The import price per kilogram of Rice into Vietnam over the last five years has been relatively stable. In 2016, the price was 0.45 US$ per kg, and this remained the same in 2017. In 2018, the price increased to 0.91 US$ per kg, before dropping back to 0.45 US$ per kg in 2019 and 2020. This suggests that the import price of Rice into Vietnam is subject to fluctuations, but overall remains relatively stable. Based on this trend, it is likely that the import price of Rice into Vietnam in 2023 and 2024 will be around 0.45 US$ per kg.Export values for Vietnam rice
The total values in export for rice in Vietnam were US$ 4,319,954, US$ 5,269,178, US$ 5,242,880 and US$ 4,868,504 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in Vietnam: Wheat, Rye, Barley, Oats, Maize, Sorghum, Buckwheet, Millet, Canary seed & Fonio.
See prices of rice in other countries across Asia: Kazakhstan rice, Kyrgyzstan rice, Tajikistan rice, Turkmenistan rice, Uzbekistan rice, China rice, Hong Kong rice, Macao rice, North Korea rice & Mongolia rice.
Vietnam rice - Production, Exports, Imports, Seasons and HS Codes
In 2019 Vietnam shipped 10,936,320 tonnes of rice. For the year 2019 alone, the market for Vietnam rice (cereals/grains category) has climbed, changing by 89.072 % compared to the year 2018. Between 2017 and 2019, rice's exports decreased by -6.05 percent earning Vietnam US$4,868.50m for the year 2019. Vietnam's rice exports are categorised as:
- Semi-milled or wholly milled rice, whether or not polished or glazed (HS code 100630)
- Rice in the husk, "paddy" or rough (HS code 100610)
- Husked or brown rice (HS code 100620)
- Broken rice (HS code 100640)
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Vietnam rice export values
In 2019, Vietnam sold rice costing 4,868.50m USD, a reduction of -7.14% from 2018's total rice export of 5242.88m USD. The yearly reduction in value of Vietnam rice between 2017 to 2018 was -0.49909113%.
The annual/yearly change in the quantity of Vietnam's rice exports between 2017 and 2019 was -6.05 per cent when compared to a variation of 89.072% in the growth rate between 2018 and 2019.
Export markets for Vietnam rice ( in '000$ )
Vietnam procured 103,982 tonnes of rice in 2019.
Production
The production of rice in Vietnam was 289,714,624 tonnes in 2019 and is estimated to change by an average of -1.36%. The country had an estimated 59,759,120.00 hectares under rice cultivation.