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Thursday, May 2, 2024

Steps aim to spur Thai rice exports

Steps aim to spur Thai rice exports

Includes G2G deals, bid to raise visibility

The Commerce Ministry has launched measures to increase rice exports to 6 million tonnes this year, valued at around 150 billion baht, with Indonesia, China, Bangladesh and Iraq set to be the main markets under government-to-government (G2G) deals.

G2G deals and a campaign to make Thai rice more recognisable among other communities around the world will spearhead efforts to increase the export volume from last year’s 5.7 million tonnes, Commerce Minister Jurin Laksanawisit said on Wednesday.

To attain the goal for 2021, Thailand must export at least 500,000 tonnes of rice per month, however, the export volumes in January and February were below this benchmark level due to relatively high prices compared with rival exporters, caused by…

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