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Thailand's Rice Exports See Growth In Both Quantity And Worth


Published Date: May 14, 2024
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Charoen Laothamatas, president of the Thai Rice Exporters Association, states that during the first quarter of this year, Thailand exported 2.46 tonnes of rice, a 19.4% increase over the same period last year. Tradologie.com is a next-generation, globally verified, transaction-oriented SaaS platform for B2B commodity sales and procurement that connects bulk buyers and bulk sellers of commodities, primarily of branded food and agro-commodities and facilitates operations for them. 

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Rice Exports From Thailand 

An estimated THB56.73 billion ($1.61 billion) was exported during the January–March period, representing a 49% increase. However, the nation exported 716,619 tonnes of rice in March, valued at THB17.33 billion, down from 800,225 tonnes in February, valued at THB18.53 billion. This represents a 10.4% decrease from February to March. 

The US, Hong Kong (China), Singapore, Canada, China, the UK, and Australia were among the major destinations for 109,448 tonnes of fragrant rice from Hom Mali that were exported in March, which is a 4.5% decline from February. In April, Thailand anticipates shipping about 800,000 tonnes of rice of all types, as exporters still have contracts to fulfill with buyers in ASEAN, Japan, some African nations like Angola, Mozambique, and the Ivory Coast, as well as Middle Eastern nations like Iraq.India continued to be the world's top exporter of rice in the first quarter, with 4.3 million tonnes, 28.1% less than in the same period the previous year. Following it were Pakistan (1.98 million tonnes), Vietnam (2.18 million tonnes), and Thailand (2.46 million tonnes).n tonnes. 

If you are a rice importer wishing to Import Rice in Bulk or a rice exporter willing to export bulk rice, then Tradologie.com is the right platform for you. Tradologie.com facilitates bulk agro-commodity sales and procurement across the globe. Through tradologie.com’s interface, buyers can avail the best qualities of agro-commodities in bulk at negotiable rates. 

The transaction oriented platform has 700,000+ verified buyers and about 70,000+ registered sellers of agro-commodities from over 100 countries. 

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To stay updated with the latest happenings in the agro-trade industry, follow Tradologie.com across all social media channels. 

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