Thailand’s rice exports increase 8.48% in Q1

Thailand’s rice exports increase 8.48% in Q1 (Photo: nationthailand.com)

Bangkok (VNA) - Thailand’s rice exports rose 8.48% year on year to 2.06 million tonnes in the first quarter (Q1) of this year.

According to government spokesperson Anucha Burapachaisri, in the first three months of 2023, the country’s rice exports valued at 38.06 billion THB (1.1 billion USD), up 29.26% year on year. Of the total exports, 16.38% were bought by Iraq, followed by Indonesia (13.08%), the US (8.62%), South Africa (8.24%) and Senegal (5.86%).

Anucha said that the Department of Foreign Trade under the Commerce Ministry organised the "Thailand Rice Convention 2023” conference in Chiang Rai province on April 24-25.

He said the event aimed to create awareness among farmers on how to grow different rice species and check the standard before export, as well as on the global market situation.

It is also in line with the Thai Rice Strategy (2020-2024) that aims to make Thailand the global leader in rice production and marketing, he said.

He added that the Commerce Ministry is targeting 7.5 million to 8 million tonnes of Thai rice exports this year./.