An Analysis of Factors Influencing Rice Export in Vietnam Based on Gravity Model

Vietnam is known as one of the biggest rice exporters in the world. Rice from Vietnam is available in more than 120 countries and territories in all continents in the world. Vietnam’s exported rice increases quickly in terms of quantities, but its export value is not high and increases slowly. Also, it does not ensure the benefits and incomes for the rice farmers. This makes the rice export of Vietnam not effective, unsustainable, and unstable. In order to describe the processes involved in factors influencing rice export in Vietnam, the present study has used the gravity model with research time from 2004 to 2013. According to hypothesis raised in the chapter, results have revealed that the biggest impacts on Vietnam rice export are gross domestic product (GDP), price, population, and exchange rate.