World

Thailand’s 2022 rice exports beat target

Thailand exported 7.69 million tonnes of rice in 2022, up 22.1% from a year earlier, the country’s Commerce Ministry said on January 31.
Thailand’s 2022 rice exports beat target ảnh 1Thailand exports 7.69 million tonnes of rice in 2022, up 22.1% from a year earlier. (Photo: Reuters)
Bangkok (VNA) – Thailand exported 7.69million tonnes of rice in 2022, up 22.1% from a year earlier, the country’sCommerce Ministry said on January 31.

The exports exceeded a target of 7.5 million tonnes,with top markets being Iraq, South Africa, China, and the US, it said in astatement.

Thai rice exports were strong last year because ofthe weak baht, according to Ronnarong Phoolpipat, head of the ministry’s TradePolicy and Strategy Office.

Earlier this month, the Thai Rice ExportersAssociation lowered its target for 2023 from 8 million tonnes to 7.5 million asthe baht, which is which is now trading around 32.50 to the US dollar, has appreciateddramatically after reaching a low of 38 last October.

The price of benchmark 5% white rice remains high inworld markets, having risen from 465 USD a tonne in mid-December to 523 USD asof January 18, said the association.

Thai rice exports also benefited last year fromexport curbs imposed by India in order to shore up local food security.

Authorities in Delhi are now considering removingsome of those curbs as domestic prices have stabilised and governmentstockpiles are adequate to meet the needs of welfare programmes./.
VNA
#Thailand#Commerce Ministry#Trade Policy and Strategy Office#Vietnam#VietnamPlus#Vietnam news
Follow VietnamPlus

Related News

See more

At Pulau Seraya power station (Photo: Straitimes)

Singapore begins construction on hydrogen-fueled power plant

Singapore on October 23 began the construction of an 800 million USD power plant that has the capability to use hydrogen to generate electricity, as part of a push to utilise the fuel to reach Singapore’s net-zero carbon emissions target by 2050.

Delegates at the event (Photo: VNA)

125th anniversary of Permanent Court of Arbitration celebrated

The Permanent Mission of Vietnam to the United Nations and missions of the Philippines, Australia, Egypt, Guatemala, Hungary, Thailand, France, Eritrea and Austria, organised a ceremony on October 22 to celebrate the 125th anniversary of the Permanent Court of Arbitration (PCA), as part of the International Law Week at the UN General Assembly's Legal Committee (Sixth Committee).

CEO of the Malaysia Digital Economy Corporation Anuar Fariz Fadzil (Photo: focusmalaysia.my)

Malaysia continues placing emphasis on digitalisation

The Budget 2025 provides significant support to further accelerate Malaysia’s digitalisation, encourage adoption of artificial intelligence (AI) and drive inclusive growth, further positioning Malaysia as a leading digital hub within the ASEAN region, according to CEO of the Malaysia Digital Economy Corporation (MDEC) Anuar Fariz Fadzil.

Malaysia's economic reforms boost investment inflow (Photo: thestar.com.my)

Malaysia's economic reforms boost investment inflow

Malaysia has attracted substantial foreign investments, reaching 22.2 billion MYR (5.16 billion USD) in the third quarter of 2024, the highest level for the same period since 2012, according to UOB's Global Markets and Economics report.

Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN speaks at the debate (Photo: VNA)

Maintaining peace, stability a must for progress on human rights: Ambassador

Progress in human rights can only be achieved by maintaining peace and stability, respecting the rule of law at both the international and national levels, and ensuring respect for the principles of national sovereignty and non-interference in internal affairs, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN.

A visitor browses travel promotions at a travel fair in Nonthaburi province. (Photo: Bangkok Post)

Thailand plans enhanced support for domestic tourism

Thailand’s Ministry of Tourism and Sports is aiming to increase subsidy to local tourists in the upcoming stimulus scheme to 50% and would like to change the criteria for online travel agents, mandating them to register in Thailand to avoid losing income to foreign companies.

Oil field offshore Indonesia. (Photo: thejakartapost.com)

Indonesia begins major oil, gas exploration in Sulawesi

Indonesia's state-owned oil company Pertamina, along with foreign partners Sinopec from China and Kuwait’s Kufpec, has signed a contract to explore the Melati oil and gas block, located off the coast of Sulawesi. The block is estimated to contain trillions of cubic feet of gas reserves.