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    Home > Food News > Food Articles > Thailand's Ministry of Commerce estimates that annual rice exports are 6 million tons

    Thailand's Ministry of Commerce estimates that annual rice exports are 6 million tons

    • Last Update: 2022-01-07
    • Source: Internet
    • Author: User
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    According to a comprehensive Thai media report on November 29, the Thai Ministry of Commerce stated that from January to October this year, Thailand exported 4.
    59 million tons of rice , an increase of 1.
    3% in export volume and 81.
    74 billion baht, a decrease of 12.
    8%
    .
    The main markets where Thailand’s rice exports have grown are South Africa, China, Japan, Iraq and Yemen
    .
    Due to the depreciation of the Thai baht, the price of Thai rice is competitive with other countries, the global economy has begun to recover, and the demand for rice has increased
    .
    The Ministry of Commerce intends to speed up the government-to-government rice deal negotiations, speed up the search for markets, and promote Thai rice exports
    .
    According to the current export trend, the number of Thai rice orders is increasing.
    It can be seen from the statistics of 773,823 tons of rice exported in October this year, which is also the month with the largest rice export volume since the first October of this year
    .
     
      From November 1 to 22, the Thai Ministry of Commerce received a total of 618,832 tons of rice export license applications, and there is an increasing trend, which will bring Thai rice exports to the target of 6 million tons this year
    .
     
      The Thai Rice Exporters Association stated that rice exports in the last quarter of this year showed a significant improvement trend.
    The reason is that the exchange rate of the Thai baht has been depreciated from the beginning of the year to the present, and the domestic rice price has declined compared with the beginning of the year.
    Competitiveness, more and more customer orders have begun to flood in.
    This can be seen from the rising rice export volume in the past 2-3 months, and this situation will continue until next year
    .
     
      The Thai Rice Exporters Association expects to achieve the target of 6 million tons this year, and Thailand’s rice exports will increase next year.
    The association has set the target for next year at 7 million tons
    .
    Export rice
     
      From November 1 to 22, the Thai Ministry of Commerce received a total of 618,832 tons of rice export license applications, and there is an increasing trend, which will bring Thai rice exports to the target of 6 million tons this year
    .
     
      The Thai Rice Exporters Association stated that rice exports in the last quarter of this year showed a significant improvement trend.
    The reason is that the exchange rate of the Thai baht has been depreciated from the beginning of the year to the present, and the domestic rice price has declined compared with the beginning of the year.
    Competitiveness, more and more customer orders have begun to flood in.
    This can be seen from the rising rice export volume in the past 2-3 months, and this situation will continue until next year
    .
     
      The Thai Rice Exporters Association expects to achieve the target of 6 million tons this year, and Thailand’s rice exports will increase next year.
    The association has set the target for next year at 7 million tons
    .
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