Thailand projects rice exports of up to 8.8 million tonnes (Photo: bangkokpost.com)Bangkok (VNA) - Thai rice exports are forecast at 8.7-8.8 million tonnes in 2023, driven by high demand from Indonesia. Chookiat Ophaswongse, Honorary President of the Thai Rice Exporters Association, said the total surpasses the previous estimate of 8.5 million tonnes and is up from the 7.69 million tonnes tallied last year. Key buyers include Indonesia, which already purchased 1.3 million tonnes of Thai rice, and the Philippines, which bought about 500,000 tonnes. According to Chookiat, Indonesia is projected to import 1-1.5 million tonnes of rice next year. For the first 10 months this year, Thai rice exports tallied 6.92 million tonnes, valued at 136 billion THB, according to customs data./.
Source: Viet Nam News December 22, 2023 14:55 UTC