Thailand has set a rice export goal of seven.5 million tonnes for this 12 months, barely lower than the rice export goal of seven.69 million tonnes for 2022, in accordance with Ronnarong Phoolpipat, director general of the Ministry of Foreign Affairs
Foreign Trade Department director general Ronnarong Phoolpipat says that after talking to the Thai Rice Exporters Association, the department discovered that there continues to be a marketplace for Thai rice world wide.
He said the Thailand Rice Convention, a world forum for rice stakeholders from world wide, is one in every of the activities the Ministry of Commerce intends to make use of to further promote Thai rice exports.
Ronnarong cautioned against baht volatility, mentioning that rising exchange rates could make Thai rice costlier than rice from rival countries.
Thailand shipped 7.69 million tonnes of rice last 12 months, exceeding the Commerce Ministry’s goal of seven.5 million tonnes, in accordance with the Department of Foreign Trade.
From 6.3 million tons shipped in 2021, export volume increased by 22% and value in baht increased by 25.1% to 138 billion baht.
The export value expressed in US dollars amounted to USD 3.97 billion and increased by 14.6% in comparison with the previous 12 months.
After India, which exported 21.9 million tonnes of rice in 2017, Thailand was the world’s second largest rice exporter in 2017.
With exports of 6.31 million kilograms of rice, Vietnam was in third place.
Last 12 months, Iraq purchased 1.6 million tons of Thai paddy rice, up 458% from the previous 12 months. China imported 750,000 tonnes, South Africa 775,000 tonnes (down 2.26%) and South Africa got here third.
The Department of Foreign Trade revealed that Thailand exported 11.1 million tonnes of tapioca products price $4.4 billion last 12 months, the best amount in 15 years.
According to Mr Ronnarong, the department and 4 organizations involved within the tapioca industry have decided to set the export goal for tapioca products this 12 months at 9 million tonnes as the entire tapioca production for 2022.
He added that attributable to cassava mosaic disease and floods that occurred within the second half of last 12 months, the forecast decreased from 34.9 million tonnes within the previous forecast.
Source: BangkokPost.com
