5/1/2023 0 Comments Largest exporter of rice![]() The principal reason for Thailand's resurgence as a major exporter in recent months has been its return to price competitiveness. While late in the year, this could still prove an impediment to December exports from Ho Chi Minh City. ![]() Exports reached an extraordinary monthly low of 302,669 mt in March, but have since increased by over 150% to reach October's level.Īdditionally, sources have consistently reported in recent days that the government of Vietnam's largest buyer, the Philippines, has been restricting buyers' access to phytosanitary licenses which they need to import. While it would generally be safe to assume that Vietnam will retain its position as second largest exporter in 2021, Thailand has witnessed a staggering growth in exports in recent months. ![]() As in 2020, the only country which stands in Thailand's way to the title of second largest exporter is Vietnam.Īccording to Vietnam Customs, the country's January-October exports are still around 592,000 mt ahead of Thailand's, despite the country's strict regional lockdown during August-September. No country will challenge India's pre-eminent status at the world's largest rice exporter, with January-September exports totaling 16.3 million mt and the country on course to represent around two-fifths of global rice exports in 2021. That brings Thai exports in January-October 2021 to 4.59 million mt, marginally higher than this time last year. Receive daily email alerts, subscriber notes & personalize your experience.Īccording to data from the country's Ministry of Commerce, October exports totaled 773,823 mt, up by 74% on the year and the highest monthly total since January 2019. ![]()
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