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Exports from June to July increased by 7.
35%.
The main markets for export growth were South Africa, China , Yemen, and Iraq.
Some rice types are parboiled rice, white rice and brown rice
.
From the statistics of the Thailand Foreign Trade Department’s application for rice export licenses in August, it can be seen that in August, a total of 831,260 tons were exported, an increase of 133.
14% year-on-year.
In September, 631,363 tons will be exported, an increase of 61.
78% from the same period last year.
It is expected that Thailand this year Will be able to achieve the goal of 6 million tons of rice exports
.
The main factor for the increase in Thai rice exports is that the increase in Thai rice production from 2010 to 2021 has led to a drop in rice prices.
Coupled with the depreciation of the Thai baht, the gap between Thai rice prices and its main competitors, Vietnam and India, has narrowed and become more competitive
.
Another factor is that the quality and standards of Thai rice are superior to competitors, and exporters can deliver to customers on time even during the epidemic
.
Coupled with the depreciation of the Thai baht, the gap between Thai rice prices and its main competitors, Vietnam and India, has narrowed and become more competitive
.
Another factor is that the quality and standards of Thai rice are superior to competitors, and exporters can deliver to customers on time even during the epidemic
.
