VINAGRI News - Ghana accounted for nearly 22% of Vietnam’s total rice exports in September 2025, becoming the country’s top buyer after the Philippines temporarily suspended imports. Meanwhile, Asian rice prices have fallen sharply to multi-year lows due to abundant supply and weak demand.
Rice harvesting in the Mekong Delta
Summary:
> Vietnam’s September rice exports fell 43% in volume and 55% in value year-on-year.
> Ghana became the largest buyer of Vietnamese rice with 22% market share, surpassing the Philippines.
> Côte d’Ivoire and Malaysia ranked second and third with over 21% and 10% market shares respectively.
> Domestic rice prices in the Mekong Delta remained stable.
> Asian rice export prices dropped to their lowest levels in years, with Thai and Indian rice falling below USD 350/ton.
> Vietnam’s rice production progress remains positive, particularly in the Summer-Autumn crop.
Vietnam’s rice exports decline sharply in September
According to the Vietnam Food Association (VFA), Vietnam exported around 466,800 tons of rice in September 2025, valued at USD 232.38 million. Compared to the same month in 2024, export volume fell 43.27%, while value dropped 54.73%.
From January to September 2025, total exports reached 6.825 million tons, earning USD 3.486 billion, down 2.05% in quantity and 19.98% in value compared to last year.
With the Philippines temporarily halting imports, Ghana became Vietnam’s largest export market, accounting for nearly 22% of total shipments, followed by Côte d’Ivoire (over 21%) and Malaysia (nearly 10%).
Domestic rice market: Prices stable
Data from the Institute of Policy and Strategy for Agriculture and Rural Development (IPSARD) shows that paddy prices in the Mekong Delta remained steady during the past week.
Can Tho: Jasmine - 8,400 VND/kg; OM 18 - 6,800 VND/kg; IR 5451 - 6,200 VND/kg; ST25 - 9,400 VND/kg.
An Giang: IR 50404 - 5,000 - 5,200 VND/kg; OM 5451 - 5,400 - 5,600 VND/kg; OM 18 - 5,800 - 6,000 VND/kg; OM 380 slightly decreased to 5,700 - 5,900 VND/kg.
Retail rice prices in An Giang also held firm: regular rice sold for 13,000 - 15,000 VND/kg, Jasmine for 16,000 - 18,000 VND/kg, Nang Hoa for 21,000 VND/kg, and Huong Lai for 22,000 VND/kg.
Raw and milled rice prices were reported as follows:
IR 504: 8,100 - 8,250 VND/kg (raw), 9,500 - 9,700 VND/kg (milled).
OM 380: 7,800 - 7,900 VND/kg (raw), 8,800 - 9,000 VND/kg (milled).
By-product prices ranged from 7,250 - 10,000 VND/kg, with dry bran trading between 9,000 - 10,000 VND/kg.
Mekong delta rice production progress
As of October 6, 2025, rice production across the Mekong Delta continued to progress positively:
Summer - Autumn crop: 1.505 million ha planted, 1.495 million ha harvested, average yield 5.945 tons/ha, output 8.89 million tons.
Autumn - Winter crop: 726,000 ha sown (97.85% of target), 148,000 ha harvested, yield 5.705 tons/ha, output 843,000 tons.
Main (Mùa) crop: 98,000 ha sown, reaching 56% of the target.
Asian rice market: Prices hit multi-year lows
Asian rice prices continued to decline due to ample global supply and subdued demand.
Thailand: 5% broken rice fell to USD 340/ton, the lowest since 2007, as favorable weather boosted production while a stronger baht reduced competitiveness.
India: 5% parboiled rice dropped to USD 340 - 345/ton, the lowest since mid-2016, while 5% white rice traded at USD 360 - 370/ton. The weaker rupee provided limited relief for exporters amid sluggish demand.
Bangladesh was one of the few active importers, recently approving the purchase of 50,000 tons of Indian rice at USD 359.77/ton through an international tender to stabilize domestic food prices.
Experts noted that oversupply, large stockpiles, and low freight costs have strengthened buyers’ negotiating positions. However, they cautioned that adverse weather or new export restrictions could reverse the current trend.
In the short term, rice prices are expected to remain under pressure as new harvests arrive and many major importers delay purchases, waiting for lower prices.
Overall, Vietnam’s rice exports fell sharply in September, but the country maintained its strong position in Africa, led by Ghana. The sharp global price correction may ease inflation concerns for importing nations but poses greater competitive challenges for major rice exporters such as Vietnam.
NPK/ Vinagri News
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