Food shipments to grow 5%Traders arrange durians into batches at Simummuang market in Pathum Thani. (Photo: Apichit Jinakul)Thai food exports are expected to grow by 5% this year after robust growth of 26% in the first quarter, driven by the Russia-Ukraine conflict and mounting concerns about food shortages in many countries. Visit Limlurcha, honorary president of the Thai Food Processors Association, said the war triggered growing concerns about food security in many countries, leading importers to accelerate food shipments to avoid a shortage. Food exports generated 324 billion baht in the first quarter," said Mr Visit. Of the total, industrial food products made up 187 billion baht, up 40.5% year-on-year, while agricultural food products accounted for 138 billion, a gain of 10%.

Source: Bangkok Post May 09, 2022 04:28 UTC