Thailand’s rice exports projected to drop by over 10% next year
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Thailand's rice exports are expected to decline by over 10% next year, dropping to 7 million tonnes in 2026 from 8 million this year, primarily due to a stronger baht affecting competitiveness against Indian rice. The Ministry of Commerce's Arada Fuangtong highlighted that the baht is currently 10-20% stronger than competitors' currencies. Despite this, Thailand has secured deals to export rice to China and Singapore and is exploring markets in the Middle East, Africa, and Europe for premium rice varieties. In 2025, rice shipments are projected to reach 7.88-8 million tonnes, still below 2024's nearly 10 million tonnes.
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