Thai rice exports may fall as much as 12.5% in 2026 as baht bites

Businesstimes
2025.12.26 08:25
portai
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Thailand's rice exports are projected to fall by 12.5% in 2026 due to the strong baht, which has gained 10.5% against the dollar. The baht's strength poses challenges for Thai agricultural products, affecting competitiveness. Despite a deal with China and Singapore, exports struggle against India's abundant supplies. The next government must address falling rice prices and economic headwinds, including US tariffs and political uncertainty.