Commercial banks are pleased that Thai rice exports continue to grow well.

Nonthaburi, May 24 – Director-General of the Department of Foreign Trade Thai rice exports revealed in the first four months of this year continues to grow both volume and export It is expected that the total exports for the year will reach 7.5-8 million tons due to many factors and increasing demand for Thai rice in the world market. Ready to use the stage for food exhibition THAIFEX – ANUGA ASIA 2023, moving forward to promote the image of good quality Thai rice in the world.

Mr. Ronnaphon Poonphiphat, Director-General of the Department of Foreign Trade, revealed that the Department of Foreign Trade said that in 2023, the Department and the Thai Rice Exporters Association have forecasted the export volume of Thai rice at 7.5 - 8.0 million tons and from January - April 2023: Thailand has exported 2.62 million tons, an increase from the same period last year, exported 2.29 million tons or 14.41 percent, with an export value of 48,612 million baht or 1,436 million US dollars. An increase of 23.29 percent from the same period last year and 19. 37 respectively. Due to the positive factors of Thai rice exports from major rice importing countries, there is still an increased demand for rice imports to meet domestic demand and maintain food security. And the price of Thai rice is at a competitive level with the amount of Thai rice production increasing from the amount of water that is sufficient for cultivation. But still need to monitor the situation of the baht, which will affect the price competitiveness of the major rice export markets, namely Iraq, Indonesia, South Africa, the United States and China.

In addition, as the main agency in driving the strategy of Thai rice 2020-2024 in terms of international marketing, Thai rice products have been exhibited at the THAIFEX 2023 food exhibition from 23-27 May 2023 to publicize a good image and Prominence of Thai rice in terms of taste standard quality and variety and provide an opportunity for high-quality rice producers from provinces that grow jasmine rice and specialty rice that are important in Thailand to have more distribution channels both domestically and internationally. various Inside the public relations stand under the concept of "Think Rice Think Thailand" consists of an exhibition to promote Thai rice and the standards of various types of Thai rice. as well as creating awareness about Thai Hom Mali Rice Certification Mark Including Thai Rice Strategy 2020 – 2024 under the principle "Production Leader Market" that focuses on developing the Thai rice industry to be the leader in production. Marketing of world quality rice and rice products

However, there is still a demonstration of rice standard inspection. by rice standard inspectors from Kotechna Inspection (Thailand) Co., Ltd., a demonstration of Thai rice cooking by famous chefs who come together to create a sweet and savory menu from Thai rice for visitors. The event was able to experience the diverse and unique flavors of Thai rice. Exhibiting rice samples and selling products of good quality rice traders from 15 provinces, consisting of rice traders from Surin, Nakhon Ratchasima, Buriram, Sisaket, Roi Et, Maha Sarakham, Yasothon, Amnat Charoen, Chaiyaphum, Nakhon Phanom, Khon Kaen, Sakon Nakhon, Phayao, Chiang Rai and Phatthalung, including organizing a Negotiate business between such rice traders and rice importers from foreign countries. To open up opportunities to expand distribution channels both domestically and internationally as well. And invite consumers to visit and buy such good quality rice products at booths of the Department of Foreign Trade, booth numbers G29 and G45, Challenger Building.

In addition, the department has an activity plan to continue pushing forward Thai rice exports. Including organizing international rice conferences traveling in the central, southern and northeastern regions Organizing delegations to strengthen relations with key trading partners such as Hong Kong, China, the Philippines, Malaysia, Indonesia, Singapore, Japan and South Africa. And participating in international trade fairs such as China - ASEAN Expo (China), Fine Food (Australia) and ANUGA (Germany) to promote the market and expand opportunities to export Thai rice abroad. Thai news

Source: Thai News Agency

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