Thai Rice Export Expected to Drop This Year

14.02.2020 - 00:14

BANGKOK (Xinhua) — The Thai Ministry of Commerce on Wednesday said it expects Thailand to only export 7.5 million tons of rice this year, a drop below the target of 10 million tons for the second straight year. The ministry’s Foreign Trade Department factored the drop in exports to the strong Thai baht currency, decreasing competitiveness and low supply because of a widespread drought.

(Economy, Thailand)

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