The forecast for Vietnam's milled rice exports from 2024 to 2028 shows a steady increase. Starting from 7.84 million metric tons in 2024, the volume is expected to rise gradually each year, reaching 8.28 million metric tons by 2028. In 2023, the actual export value stood at 7.72 million metric tons. This indicates a consistent year-on-year growth, with variations of 1.55% and 1.49% over the last two years, respectively. The Compound Annual Growth Rate (CAGR) over the forecast period is approximately 1.38%.
Future trends to watch for include potential impacts of climate change on rice production, shifts in global demand, advancements in agricultural technology, and trade policy changes. Monitoring these factors will be crucial for accurate future projections.
