Illustrative image (Source: VNA)

Bangkok (VNA) – The Thai Ministry of Agriculture has forecast that the country will export 9.5 million tonnes of rice in 2018, lower than 11.3 million tonnes in 2017 due to low stockpile and modest production caused by heavy rains.

Many experts said that the increase of the Southeast Asian country’s currency bath will significantly influence its rice exports, especially the shipment of hom mali (Thai jasmine rice) due to low supply.

According to the Ministry of Agriculture, the country is likely to produce 22-23 million tonnes of rice, equivalent to that in 2017.

The ministry also added that the unexpected weather conditions may affect the prediction.-VNA