Thai rice exports to stay low this year


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.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Thailand , rice , exports ,

Next In Business News

Orkim opens unchanged at 92 sen on Main Market debut
Fitch Ratings expects Apac sovereigns to remain resilient in 2026
Ringgit opens lower against US$ ahead of FOMC meeting
Cautious trading persists on Bursa as investors await Fed rate decision
Trading ideas: MISC, SimeProp, Perak, XOX, Quality Concrete, Gagasan Nadi, JAG, IOIPG, Tanco, DRB-Hicom, Ramssol, SMRT
Oil falls 2% as Iraqi oilfield production restored, Ukraine talks continue
US stocks end lower as investors wait for Fed rate decision
Indonesia signs MoU for national car
Altice seeks cooperation agreement from creditors
SimeProp sees potential in built-to-lease models

Others Also Read