Thailand’s Ministry of Commerce says it exports 700,000 tons of rice per month

According to a comprehensive Thai media report on October 25, the Thai Ministry of Commerce stated that with the increase in market demand for Thai rice , the depreciation of the Thai baht, and the improvement of the epidemic , it is expected that Thailand will export an average of no less than 700,000 rice per month in the last quarter of this year.
Tons, and are confident that Thailand’s annual rice exports will reach 6 million tons
.
Thai rice exports continued to recover orders for the rest of this year.
According to customs statistics, Thai rice exports resumed positive growth from June to August 2021, with an increase of 25.
27%
.
The main growth markets are China, the Philippines, Cameroon, Malaysia, Mozambique and Singapore
.
It is expected that the export of Thai rice in the last quarter of this year will continue to maintain a good growth trend.
The export data for rice applications in September was 877,555 tons, an increase of 124.
87%, and in October (1-18) approximately 380,234 tons, an increase of 47.
11%
.
From January to August in 2021, the total rice exports are 3.
18 million tons, worth 58.
685 million baht.
It is expected that the annual rice exports can achieve the set target of 6 million tons, because the quality of Thai rice has been recognized by all parties and is in the global market.
The high demand, coupled with the depreciation of the Thai baht in the past few months between 32-33 baht per US dollar, has made Thai rice more competitive in the global market and can compete with important competitor countries.
, Especially after the price of white rice and parboiled rice in Thailand has been lowered, they are similar to those in India and Vietnam
.
 　　The global epidemic has improved, and governments of many countries have begun to try to relax epidemic control measures, resulting in a corresponding increase in consumer demand for goods and services, which has become a good opportunity for Thailand to accelerate exports and expand Thai rice to grab more market share
.
Therefore, Thai rice exporters should pay close attention to the overall market conditions and evaluate them, and plan in advance for transportation and logistics costs in line with actual conditions
.
 　　The recovery of Thai rice exports is the result of close cooperation between private companies and the Ministry of Commerce.
As the main unit to promote the overseas marketing strategy of Thai rice, the Ministry of Commerce puts forward the principle of “market-led production”, strengthens cooperation with the Thai Rice Exporters Association, and accelerates the cooperation with Thai Rice Exporters Association.
Major trading partners such as the Philippines, Singapore, and Malaysia are working on rice export trade negotiations and promotion, so that trading partners can give full trust in the potential of Thailand's high-quality rice, which has led to a rapid increase in the number of Thai rice orders in the past 2-3 months
.
 　　From the improvement of the epidemic situation, consumer recognition of the quality and standards of Thai rice, coupled with the competitive price of Thai rice, under the influence of various positive factors, Thai rice will be more popular in the last quarter of this year, and monthly exports will be More than 700,000 tons, so the annual rice export target of 6 million tons is completely achievable
.
Rice Outbreak Export 　　Thai rice exports continued to recover orders for the rest of this year.
According to customs statistics, Thai rice exports resumed positive growth from June to August 2021, with an increase of 25.
27%
.
The main growth markets are China, the Philippines, Cameroon, Malaysia, Mozambique and Singapore
.
It is expected that the export of Thai rice in the last quarter of this year will continue to maintain a good growth trend.
The export data for rice applications in September was 877,555 tons, an increase of 124.
87%, and in October (1-18) approximately 380,234 tons, an increase of 47.
11%
.
 　　From January to August in 2021, the total rice exports are 3.
18 million tons, worth 58.
685 million baht.
It is expected that the annual rice exports can achieve the set target of 6 million tons, because the quality of Thai rice has been recognized by all parties and is in the global market.
The high demand, coupled with the depreciation of the Thai baht in the past few months between 32-33 baht per US dollar, has made Thai rice more competitive in the global market and can compete with important competitor countries.
, Especially after the price of white rice and parboiled rice in Thailand has been lowered, they are similar to those in India and Vietnam
.
 　　The global epidemic has improved, and governments of many countries have begun to try to relax epidemic control measures, resulting in a corresponding increase in consumer demand for goods and services, which has become a good opportunity for Thailand to accelerate exports and expand Thai rice to grab more market share
.
Therefore, Thai rice exporters should pay close attention to the overall market conditions and evaluate them, and plan in advance for transportation and logistics costs in line with actual conditions
.
 　　The recovery of Thai rice exports is the result of close cooperation between private companies and the Ministry of Commerce.
As the main unit to promote the overseas marketing strategy of Thai rice, the Ministry of Commerce puts forward the principle of “market-led production”, strengthens cooperation with the Thai Rice Exporters Association, and accelerates the cooperation with Thai Rice Exporters Association.
Major trading partners such as the Philippines, Singapore, and Malaysia are working on rice export trade negotiations and promotion, so that trading partners can give full trust in the potential of Thailand's high-quality rice, which has led to a rapid increase in the number of Thai rice orders in the past 2-3 months
.
 　　From the improvement of the epidemic situation, consumer recognition of the quality and standards of Thai rice, coupled with the competitive price of Thai rice, under the influence of various positive factors, Thai rice will be more popular in the last quarter of this year, and monthly exports will be More than 700,000 tons, so the annual rice export target of 6 million tons is completely achievable
.