Thai market raises expected rice export level in 2024 to 9 million tons

According to Mr. Pichai, Thailand exported 7.45 million tons of rice in the first nine months of this year, up 22.13% compared to the same period last year. The value of rice exports in the first nine months also increased by 45.85% compared to the same period last year, bringing in revenue of 172.02 billion baht (equivalent to 4.84 billion USD). The head of the Thai trade sector said that the country continued to receive orders from major markets such as Indonesia, Iraq and the US. This was due to increased demand during the Christmas and New Year holidays. Countries also increased their stockpiles to ensure food security. In that context, the Commerce Ministry and the Thai Rice Exporters Association believe that rice exports this year will reach 9 million tons, ...