Thai rice exports may hit 20-year low in 2020

BANGKOK(NNT) – With the strong Thai baht, and the lack of development, Thailand was only able to export 3 million tons of rice in the first half of 2020. The Thai Rice Exporters Association has projected a grim outlook, reporting that the overall Thai rice export quantity this year will be just 6.5 million tons, the lowest in 20 years.

The Thai Rice Exporters Association’s (TREA) President Pol Lt Charoen Laothamatas, said today that this is a very difficult year for Thai rice exports, with the export quantity in the first seven months of this year at a negative 32.7 percent, or only 3.14 million tons, with a gross value of 66 billion baht.

Full story: NNT

Reporter: Tanakorn Sangiam,
Rewriter: Rodney McNeil
National News Bureau of Thailand