As of December 2023, the average price for a metric ton of rice exported from Vietnam was around 687 U.S. dollars. Vietnam has been working on improving the quality of rice produced in the country, with the view to increasing the average export price for this commodity.

India had the highest export volume of rice worldwide, at 22 million metric tons as of 2024/2025. Thailand was the second largest rice exporter, with about 7.5 million metric tons of rice worldwide in that year. Global rice supply In the last few years, the global rice supply amounted to over 700 million metric tons of milled equivalent each year. The production of milled rice was projected to amount to almost 503 million metric tons worldwide in 2023. Among the many varieties of rice, U.S. California medium-grain rice had the highest export price and India 25% rice the lowest average export price per ton in 2022. Global rice consumption Between 2008 and 2022, global rice consumption increased by over 80 million metric tons, from 437 million metric tons to around 520 million metric tons. In 2022/2023, the top three countries for rice consumption were China, India, and Bangladesh. That year, about 155 million metric tons of rice were consumed in China.

Broken rice exports from Vietnam stood at X tons in 2018, going up by X% against the previous year. Over the period under review, broken rice exports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. Exports peaked at X tons in 2015; however, from 2016 to 2018, exports failed to regain their momentum.

In 2018, the amount of semi-milled or wholly milled (bleached) rice exported from Vietnam stood at X tons, lowering by -X% against the previous year. Over the period under review, milled rice exports continue to indicate a drastic setback. The pace of growth was the most pronounced in 2009 with an increase of X% against the previous year. Exports peaked at X tons in 2012; however, from 2013 to 2018, exports remained at a lower figure.

The China Rice Industry size was valued at USD 6.9 Million in 2023 and is projected to reach USD 7.1 Million by 2032, exhibiting a CAGR of 2.70 % during the forecast periods. Key factors driving this growth include the benefits of hybrid seeds, government initiatives, rising food security concerns, and technological advancements. Hybrid seeds offer higher yields, resistance to pests and diseases, and improved nutritional content. The Chinese government has also implemented initiatives to promote rice production, such as subsidies and technical assistance. Rising food security concerns have led to increased demand for rice, while technological advancements have improved production efficiency. Major players in the hybrid rice seed market include Yuan Longping Hi-Tech Agriculture, Hangzhou Wufeng Hi-Tech Seeds, and Beijing Dabeinong Technology Group. Recent developments include: March 2022: Prices of rice exported from Vietnam rose as trade routes to China reopened, with some traders betting on additional demand from buyers looking for alternate sources due to the Russia-Ukraine crisis., January 2020: A trade agreement was signed by China and the United States, where China agreed to establish a 5,320,000 metric ton tariff-rate quota for rice. This gives the US rice farmers access to the Chinese market, and it is predicted that in the future, US rice exports to China will total USD 300 million annually.. Key drivers for this market are: Rising Consumption of Cashew Nuts in the Country, Favorable Government Initiatives. Potential restraints include: Hazardous Climatic Condition Hinders Cashew Production, Stringent Regulations Related to Food Quality Standards. Notable trends are: Various Measures are adopted to enhance the Rice Production.

In 2018, India (X tons) and Thailand (X tons) were the key exporters of ricein the world, together achieving X% of total exports. Pakistan (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by the U.S. (X%) and Vietnam (X%). Uruguay (X tons) and Italy (X tons) followed a long way behind the leaders.