Rice exports increased in January of 2026
Tuesday, March 3,2026
AsemconnectVietnam - According to preliminary statistics released on February 14, 2026, by the Customs Department, in January of 2026, Vietnam's rice exports reached 651,430 tonnes, equivalent to US$309,895,921, an increase of 19% in volume but a decrease of 4.61% in value compared to December of 2025.
The Philippines continued to be Vietnam's largest rice export market in January of 2026, reaching 331,770 tonnes, equivalent to US$147,452,728, accounting for 50.93% of the total volume and 47.58% of the total value of the country's rice exports. Compared to December of 2025, the exports of rice to this market increased by 48.02% in volume and 17.6% in value.
China was a market with very high growth rate, reaching 118,189 tonnes, equivalent to US$56,793,099, accounting for 18.14% of total volume and 18.33% of total export value. Compared to the previous month, the exports to this market increased dramatically by 551.86% in volume and 481.19% in value.
Rice exports to Ghana reached 52,654 tonnes, equivalent to US$27,620,482, accounting for 8.08% of total volume and 8.91% of total value, a decrease of 11.27% in volume and 31.07% in value compared to December of 2025.
The exports of rice to Malaysia recorded a significant increase, reaching 47,738 tonnes, equivalent to US$19,511,564, accounting for 7.33% of the total volume and 6.3% of the total value, representing a 217.22% increase in volume and a 121.69% increase in value. Meanwhile, the rice exports to Singapore reached 8,642 tonnes, equivalent to US$4,791,054, a decrease of 29.04% in volume and a 37.53% decrease in value. Meanwhile, the exports of rice to Ivory Coast only reached 11,029 tonnes, equivalent to US$4,645,138, a very sharp decrease of 88.27% in volume and a 91.03% decrease in value compared to December of 2025.
Several other markets saw notable increases, such as Saudi Arabia with 5,367 tonnes, equivalent to $3,103,422, a 159.03% increase in volume and a 99.25% increase in value; Iraq with 250 tonnes, equivalent to $131,500, an 861.54% increase in volume and a 556.84% increase in value; Senegal with 245 tonnes, equivalent to $120,752, a 920.83% increase in volume and a 438.11% increase in value; and Russia with 482 tonnes, equivalent to $311,334, an 88.28% increase in volume and a 97.31% increase in value.
However, Vietnam's rice exports to some markets decreased sharply compared to December of 2025, such as Chile, with only 119 tonnes, equivalent to US$94,875, a decrease of 93.56% in volume and 91.38% in value; the Republic of Tanzania with 130 tonnes, equivalent to US$79,950, a decrease of 75% in volume and 76.05% in value; Turkey with 43 tonnes, equivalent to US$36,162, a decrease of almost the entire amount, by 99.81% in volume and 99.74% in value, respectively.
By market groups, rice exports to the RCEP FTA reached 513,105 tonnes, equivalent to US$232,665,441, accounting for 78.77% of the total volume and 75.08% of the total value of rice exports nationwide, an increase of 86.07% in volume and 49.19% in value compared to the previous month.
The exports of rice to the CPTPP FTA reached 59,321 tonnes, equivalent to US$26,475,091, accounting for 9.11% of the total volume and 8.54% of the total value, an increase of 90.02% in volume and 36.7% in value.
The exports of rice to the EU market under the EVFTA reached 1,795 tonnes, equivalent to US$1,413,475, accounting for 0.28% of the total volume and 0.46% of the total value, a decrease of 31.96% in volume and 35.38% in value.
Meanwhile, the exports to the EAEU FTA reached 482 tonnes, equivalent to US$311,334, accounting for 0.07% of the total volume and 0.1% of the total value, an increase of 88.28% in volume and 97.31% in value compared to December 2025.
Overall, in January of 2026, rice exports recorded a strong recovery in volume, mainly concentrated in Asian markets, especially the Philippines and China, while some African and European markets experienced a decline. However, the fact that export value did not increase proportionally with production suggests that average export prices will continue to face pressure in the short term.
CK
Source: VITIC
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