BANGKOK, 19 August 2015 – The government is confident that Thailand will again be able to secure the position of the world’s leading rice producer.
The Thai Rice Exporters Association (TREA) revealed that Thailand in the first half of 2015 exported 4.46 million tons of rice valued at 72.1 billion baht, beating competitors in both volume and revenue.
The government is confident that export figures will improve in the latter half of the year, due to trading partner’s earlier concerns over the country’s drought situation and the weakening baht.
While Thailand has recently suffered from an export contraction, the sector has shrunk at a minimal rate compared to other countries. Furthermore, many export products continue to post growth figures, such as electronics, cement, auto parts and cassava.
