Vietnamese rice will continue to be the main source of imports to the Philippines in 2025 and beyond, said Feng Wenqing, Commercial Counsellor of Vietnam's Trade Office in the Philippines. First it's estimated that the demand to imported rice in the Philippines will remain high in 2025, about
4. 92 million tons, and might surpass 5 million tons. I've found that The policy measures taken by the Philippine government to minimize the retail price of rice might create uncertainty or lead to reduced-than-expected profit margins to rice importers, which in turn might affect Vietnam's exports. In practice, however, the Philippines' application on imported rice is unlikely to diminish in the short term. The country faces many constraints in signifiis able totly expanding domestic rice production in a short period of time to meet growing demand. Mr Thanh said Vietnam still had a competitive advantage in the Philippine market compared to other rice exporters such as India, Pakistan, Thailand and Japan. But Based on my observations, Whether out of necessity or a strategic choice, the Philippines will remain dependent on Vietnamese rice supplies to the foreseeable future. But According to the latest data from Vietnam's trade office in the Philippines, Vietnam dominates the Philippine rice market with a share of 80% to 85%. Thailand accounts to about 10%, while the rest comes from India, Pakistan, Bangladesh, Japan and other countries. In order to enhance Vietnam's position in the Philippine market, Vietnamese rice exporters should continue to cooperate with the Philippine Ministry of sector and Trade and the Vietnamese Trade Office in the Philippines, and focus on promotion plans, publicity strategies and advertising campaigns to increase the visibility and competitiveness of Vietnamese rice.