Promoting the Export of Vietnamese Rice to Indonesia

 Dr. Vu Kim Dung – Foreign Trade University

Abstract:

Vietnam has long been one of the world’s leading exporters of rice. In recent years, Indonesia has emerged as s key importer of Vietnamese rice. In 2023, Indonesia became Vietnam’s second- largest rice importer, purchasing over 1.1 million tons, which generated more than USD 640 million. This marks a dramatic increase of 878% in volume and 992% in value compared to 2022 (Ministry of Industry and Trade, 2024). However, alongside this remarkable growth in rice export turnover, Vietnamese enterprises face several challenges in exporting rice to this market. This article analyzes the status-quo of Vietnamese rice exports to Indonesia, identifies the opportunities and challenges enterprises encounter, and proposes some solutions to enhance rice exports from Vietnam to Indonesia in the future.

See file

Keywords: Vietnam, Indonesia, rice exports.