Thailand is the world's second largest rice exporter after India

Published Dec 9, 2022

Tridge summary

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.

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Original content

"Rice" is considered the main agricultural product of Thailand for export. Thailand used to be number 1 in the world's rice exports. before losing the championship to India However, Thailand still holds the number 2 position in rice exports, narrowly overtaking Vietnam. The Ministry of Commerce and the Rice Exporters Association are confident that Thai rice exports this year will meet the target of 7.5 million tons. with the 5 countries exporting the most rice for 10 months (Jan.-October '22), number 1 is still India with an export volume of 17.06 million tons, followed by Thailand with an export volume of 6.02 million tons and third place Vietnam export volume 6.01 million tonnes Pakistan exports 3.40 million tons and the United States with an export volume of 1.90 million tons For the top 5 importing countries of Thai rice in the 10 Months of the year include Iraq, with imports. 1,309,841 tons, South Africa imports 642,317 tons, the United States imports 546,431 tons, China ...

Source: Ththansettakij