Thailand may rank world’s second in rice exports this year
Thailand is on course to overtake Vietnam as the world’s second biggest rice exporter this year, according to the Thai Rice Exporters Association (TREA).
Bangkok (VNA) - Thailand is on course toovertake Vietnam as the world’s second biggest rice exporter this year,according to the Thai Rice Exporters Association (TREA).
In the first 10 months of 2022, India topped the list ofrice exporters with 17.06 million tonnes, while Thailand was the second with6.02 million tonnes.
Vietnam, which was the world’s second largest rice exporterlast year, was pushed into third with 6.01 million tonnes. It was followed by Pakistanand the US.
The list of biggest rice importers so far this year is ledby Iraq with 1.3 million tonnes, followed by South Africa (0.64 million), theUS (0.54 million), China (0.53 million), and Benin (0.3 million).
TREA added that in October, Thailand exported 790,000 tonnesof rice worth 13.97 billion baht (402.9 million USD), up 24.7% and 20.5% fromthe previous month, respectively.
It projects exports of 800,000 tonnes in November, risinghigher in December due to demand during the Christmas and New Year holidays.TREA is confident that Thailand’s total rice exports this year will hit thetarget of 7.5 million tonnes, significantly higher than last year’s total of6.12 million tonnes.
Thailand’s biggest rice markets are Iraq, South Africa, theUS, China, Benin, Japan, Senegal and Angola./.
Thailand earned 95.23 billion baht (2.54 billion USD) from exporting 5.41 million tonnes of rice in the first nine months of this year, up 40% in volume and 36% in value from the same period last year, according to the Ministry of Commerce.
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Illustrative image. (Source: www.bangkokpost.com) 
