Farmers dry their freshly harvested rice in Khon Kaen province. (Photo: Chakkrapan Natanri)
Thailand expects to export 7.5 million metric tonnes of rice in 2024, down 14.38% year-on-year, due to lower production and increased competition, the Commerce Ministry said on Thursday.
Rice production is expected to drop 5.87% in 2024, impacted by the El Nino weather phenomenon, the ministry said in a statement.
In 2023, rice exports from Thailand, one of the world’s biggest…
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