Thailand is the world's second-largest rice exporter, with projections to reach 7.5 million tons this year. The top five rice exporters are India, Thailand, Vietnam, Pakistan, and the United States. The top five importers of Thai rice are Iraq, South Africa, the United States, China, and Benin. From January to October 2022, Thai rice exports saw a 33% increase in volume and a 32.4% increase in value compared to the same period in 2021. This surge is due to exporters rushing to deliver pending contracts and a continuous flow of rice production in the market. The export volume of white rice in October 2022 increased by 44% compared to the previous month, primarily to Iraq, China, and Japan. Despite the appreciation of the baht, Thai rice remains competitive in price.