Official export forecasts have not been released yet, but two Bangkok-based rice exporters said they are expecting more pain in 2021 (File pic rice field in Thailand)
BANGKOK: Thailand’s rice exports are headed for another gloomy year after sinking to the lowest volume in two decades in 2020, as a global shortage of shipping containers reduce the prospects of increasing shipments.
The cargo crunch is the latest woe facing the world’s second-largest rice exporter.
According to data from the Commerce Ministry on Dec 2, rice exports were 5.1 million tonnes through November 2020, down 28% from the same period a year earlier, on track for the lowest year since 2000.
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