Vietnam is currently the third-largest rice supplier to Singapore, capturing a significant market share in the categories of regular white rice and milled fragrant rice, according to the Vietnam Trade Office in Singapore.

Regular white rice currently represents the highest export value among Vietnamese rice products entering the Singaporean market. In the first six months of 2025, export value of the regular white rice reached SGD38.6 million ($30.2 million), an 11.9% increase over the same period in 2024, accounting for 29.6% of the market share.

Statistics from Enterprise Singapore also show that white rice is a category for which Singapore has highly diversified supply sources, from over 20 partner countries. Nevertheless, Vietnam ranks second in market share for this category, behind India (SGD60.9 million, holding a 46.7% market share).

In addition to white rice, Vietnam has two other categories with high export values to the Singaporean market: milled fragrant rice and glutinous rice. In the first six months of 2025, their export values reached $15.5 million and $4.7 million, capturing 57% and 61% of Singapore's import market share for these categories, respectively.

Although Singapore's import value for these two categories from Vietnam has shown a decline compared to the same period in 2024, Vietnam currently remains the leading supplier for both.

The Vietnam Trade Office in Singapore also noted that going forward, as Singapore's rice import market remains stable, Vietnamese rice will continue to face strong competition from similar products from India, Thailand, and Japan. A proposal by the Singaporean government to sign a bilateral trade agreement on rice with Vietnam could help stabilize rice exports to Singapore in the future.