Thailand’s rice exports for January-May were at 3.4 million metric tonnes, up 26.6% from a year earlier, helped by higher demand and a weaker baht currency, the Commerce Ministry said on Friday.
Rice exports are expected to exceed 8 million metric tonnes in the whole of 2023, Ronnarong Phoolpipat, head of the ministry’s Foreign Trade Department, told a news conference.
Last week, outgoing Commerce Minister Jurin Laksanawisit said Thai rice exports are likely to surpass 8 million tonnes this year, driven by higher global demand as countries rush to stock up to brace for the…