Vietnamplus

Thailand’s premium rice products are having better chances for export to the EU after the bloc allowed zero-tariff rice imports of 24,883 tonnes for October.

Thailand's rice export is facing an unpromising outlook in the second half of 2020 amid sluggish global demand caused by the coronavirus crisis.

Thailand’s rice exports decreased in both volume and value in February 2019 due to high prices as compared to other competitors and its stronger baht.

President of the Rice Exporters Association of Thailand Charoen Laothammatas expects that the association will be able to export around 9.5 million tons of rice this year.

The Thai government has recommended farmers not to increase rice production despite rising prices.

The Thai Rice Exporters Association revealed that rice exports reached a record high last year with most of the demand coming from Benin in West Africa.

The Thai Rice Exporters Association has expressed concern that the strong baht is likely to curb rice exports in 2018, Thai media reported on December 12.

The Thai Government is moving ahead with a megafarm scheme, aiming to cut production costs and raise productivity.

Thailand shipped about 5 million tonnes of rice abroad in the first half of 2016, a year on year increase of 12.1 percent, making it the world’s largest rice exporter.

Thailand’s rice export prospects are brightening with shipments expected at 9.5 – 10 million tonnes next year, according to the Thai Rice Exporters Association.