# Rice exports likely to reach US$3.5 billion this year | Vietnam Trade Office in Singapore

> Vietnam expects rice exports of more than 7 million tonnes this year, worth roughly US$3.5 billion. Vietnamese 5% broken rice was quoted at US$438 per tonne in November, up US$10, and remained the highest-priced origin, above Thailand. Prices were supported by reduced global supply and India's curbs on broken rice and white 5% broken rice exports.

- Date: 2022-12-06 · published 2022-12-06T12:00:00.000Z
- Category: trade · region Vietnam · magnitude medium
- Page: https://feedsoft.ai/events/8182-rice-exports-likely-to-reach-us-3-5-billion-this-year-vietnam-trade-office-in
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Export restrictions from India and reduced Chinese exports tighten global rice supply, keeping Asian rice export prices firm. Higher rice prices raise the cost of rice-based feed ingredients and broken rice used in feed.

## 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 | 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 | 2018-01-17 | [Auspicious start to Vietnamese rice export in 2018 \| VOV.VN](https://feedsoft.ai/events/10608-auspicious-start-to-vietnamese-rice-export-in-2018-vov-vn.md) | +0.5% | +1.2% |
| RICE | 2022-04-11 | [Indian broken rice exports likely to face supply problems - The HinduBusinessLine](https://feedsoft.ai/events/41915-indian-broken-rice-exports-likely-to-face-supply-problems-the-hindubusinessline.md) | +4.9% | +4.5% |
| RICE | 2022-12-19 | [Vietnam’s export rice price increases highly \| SGGP English Edition](https://feedsoft.ai/events/8468-vietnam-s-export-rice-price-increases-highly-sggp-english-edition.md) | +8.0% | +7.7% |

## Sources

- vntradesg.org: https://vntradesg.org/en/rice-exports-likely-to-reach-us3-5-billion-this-year/

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