Thailand’s rice exports plunged by 23 percent year-on-year in the first quarter of 2021 to 1.13 million tonnes due to its higher prices than those of competitors.
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.
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.