Vietnam’s rice exports reach US$2.91 billion in eight months
The average export price in July reached US$511 per ton, up 5.8 percent year-on-year, marking the first annual increase this year.
In the first eight months of 2026, Vietnam's rice exports reached a total value of approximately US$2.91 billion, according to the Ministry of Agriculture and Environment. This figure represents a decrease in both volume and value compared to the previous year, as exports fell by 5 percent in terms of quantity and by 10.7 percent in terms of monetary value.
However, a positive trend emerged in July when the average export price for rice rose to US$511 per ton, marking a 5.8 percent increase year-on-year and marking the first annual rise in prices for the year. Prior to this, the average export price for the first eight months stood at US$481.5 per ton, which was a 5.9 percent decrease year-on-year.
For the entire year, Vietnam's rice export value is projected to be around US$3.94 billion, a minor decline of about 4 percent compared to the corresponding period in 2025. The anticipated rise in export prices since July is expected to contribute to an improved financial performance in the later months of the year.
Despite challenges, the country's coffee exports are predicted to maintain a positive outlook in the final months of 2026. This forecast is based on an improved supply situation and steady demand for coffee products in the global market.
Written by urgent.news from SGGP English Edition Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
