# Surging demand offers Vietnam rice exporters bright prospects

> Vietnamese rice exports reached 2.77 million tonnes in the first five months of 2022, up 6.6% in volume but down 4% in value year on year. Export prices average $489 per tonne, below 2021 levels but above India, Pakistan and Myanmar, with strong demand from the Philippines and Africa.

- Date: 2022-07-03 · published 2022-07-03T12:00:00.000Z
- Category: trade · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/40568-surging-demand-offers-vietnam-rice-exporters-bright-prospects
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Strong import demand from the Philippines and Africa and expected wheat substitution support rice prices, though Vietnamese prices remain above rival origins.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2018-05-11 | [Bright outlook for Vietnamese rice exporters later this year](https://feedsoft.ai/events/65084-bright-outlook-for-vietnamese-rice-exporters-later-this-year.md) | +1.2% | -9.5% |
| RICE | 2026-04-07 | [Vietnam fragrant rice price hits 4-month high as exporters hold back fresh offers \| S&P Global](https://feedsoft.ai/events/19791-vietnam-fragrant-rice-price-hits-4-month-high-as-exporters-hold-back-fresh.md) | -3.8% | +2.6% |
| RICE | 2023-10-24 | [Vietnam’s export rice prices reach record high](https://feedsoft.ai/events/33697-vietnam-s-export-rice-prices-reach-record-high.md) | -0.2% | +8.1% |
| RICE | 2018-05-16 | [Feeding the Dragon: Prospects brighten for non-basmati rice exports  - The HinduBusinessLine](https://feedsoft.ai/events/65000-feeding-the-dragon-prospects-brighten-for-non-basmati-rice-exports-the.md) | -1.2% | -3.2% |
| RICE | 2018-09-26 | [Promising future for rice exporters](https://feedsoft.ai/events/63116-promising-future-for-rice-exporters.md) | +3.9% | +9.6% |

## Sources

- theinvestor.vn: https://theinvestor.vn/surging-demand-offers-vietnam-rice-exporters-bright-prospects-d963.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.