Thailand's Ministry of Commerce forecasts that the country's rice exports will fall to 7 million tons next year, compared to around 8 million tons in 2025. This is due to the strong baht making it more difficult to compete with abundant supplies from India.
At a press conference last weekend, Ms. Arada Fuangtong of the Department of Foreign Trade under the Ministry of Commerce stated that the baht is currently 10-20% stronger than the currencies of competing countries, and if this trend continues, it will pose a significant challenge to Thai agricultural products.
Ms. Arada said the agreement for Thailand to sell 500,000 tons of rice to China is expected to continue. Last month, Thailand agreed to sell up to 100,000 tons of rice to Singapore over a five-year period. In addition, Thailand continues to expand its market for white rice and parboiled rice in Iraq, Saudi Arabia, and other countries in the Middle East and Africa.
Thailand also plans to seek opportunities in Germany, Switzerland, and the United States for its rice varieties through the Khaopraneat project, which promotes Thai rice as a cultural product with its distinctive flavor, identity, and value.
Ms. Arada stated that in 2025, Thailand's rice exports are expected to reach between 7.88 million and 8 million tons, exceeding the target of 7.5 million tons, thanks to strong demand towards the end of the year. However, the volume will still be lower than the nearly 10 million tons recorded in 2024, when Thailand was the world's second-largest rice exporter after India.
Source: Tin Tuc News
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<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
