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» Thai food production robust despite El Nino
Thai food production robust despite El Nino
The El Nino weather phenomenon could have adverse effects on Thai farmers, food firms and consumers, but Thai food production has so far remained robust easing concerns in local and global commodities markets.
Thailand is the only net food-exporting country in Asia. As such, the Kingdom has an important role to play in regional and even global food security. Thailand’s food exports rank 15th in the world with a global market share of 2.25 percent, according to the Federation of Thai Industries.
Disruptions to Thai food production could have negative ripple effects worldwide. That was evident in 2011 when massive flooding reduced the volume of Thailand’s rice exports, sending global prices for the…
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