The Hong Kong Trade and Industry Department imported 49,900 tons of rice from Thailand in the first quarter of 2015, a 48.9 percent increase compared to the same period last year.
The Hong Kong Trade and Industry Department imported 49,900 tons ofrice from Thailand in the first quarter of 2015, a 48.9 percent increasecompared to the same period last year.
The higher rice exportsto Hong Kong (China) brought Thailand’s rice exports to all markets to62.2 percent in the first quarter 2015.
Spokesperson of theMinistry of Commerce Duangkamon Chiambut said the Hong Kong Trade andIndustry imported 80,400 tons of rice during the first three months thisyear, increasing by 0.75 percent.
A drop in Thai Hom Mali riceprice and importers’ higher confidence in Thai rice were importantfactors which led to the first quarter growth, the spokesperson added.
Thestrengthening of relations between the Thai government and Hong Kongrice importers also helped Thai rice exports achieved a growth target ofhigher than 60 percent, she said.
In 2013, Thailandexported 6.6 million tonnes of rice, worth 4.42 billion USD, worldwide.In 2014, Thai rice exports were 10.9 million tons or 5.34 billion USD.-VNA
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The Ministry of Commerce reported that imports also rose 18% to 29.9 billion USD during the same period, resulting in a trade surplus of 1.1 billion USD. In May alone, Thailand posted a 4.6 billion USD trade surplus with the US and a 4.1 billion USD trade deficit with China.
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