Thai rice exports fall to 3rd place | Bangkok Post: business

Business > Marketing

Thailand rice exports hit 12-year low

Published: 24 Jan 2013 at 00.29
Online news: Marketing

Rice exports from Thailand plunged 37 per cent last year to the lowest in more than a decade, plunging the nation from best in the world to third place.

Thailand sold 6.73 million (metric) tonnes with a value of $4.63 billion, the Ministry of Commerce said Wednesday.

That compares with 10.7 million tonnes, worth $6.43 billion a year earlier, data showed.

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Mi1231
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Discussion 27 : 31 Jan 2013 at 17.0527
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Re: Disc 24
Upena, Rice doesn't rot.
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banmebkk
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Discussion 26 : 26 Jan 2013 at 17.0326
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Will they finally admit they lied again to the public with how much secret rice they sold?
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Pete2U
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Discussion 25 : 25 Jan 2013 at 00.5525
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The real interesting game starts next year when the state becomes the competitor of the farmers....both have to sell their rice...
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upena
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Discussion 24 : 24 Jan 2013 at 20.5824
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How much rice has rotted in warehouses?
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samut
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Discussion 23 : 24 Jan 2013 at 20.1223
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Congratulation! Welldone! Everyone trie to be the first but us!
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jacksprat
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Discussion 22 : 24 Jan 2013 at 12.4422
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"I would like to see the values of the Indian and Vietnam export which for some strange reason was omitted." The strange reason is because they are talking about Thai rice.
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oldexp
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Discussion 21 : 24 Jan 2013 at 12.3621
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at least Eric hasn't lost his sense of humor yet and posted a funny comment.
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waters
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Discussion 20 : 24 Jan 2013 at 11.3320
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Might I suggest that the millions of tonnes of unsold rice bought under the Thaksin rice scheme be donated to impoverished schools to feed school children? As the warehouses are already bloated and no country in their right mind is going to buy expensive rice, it would be a sin to let it rot. Yes, it would be a huge loss of face for PT MPs, and their Dear Leader in Dubai, but it would be a godsend to poor families with children. Put Thai people first, not rich Thai merchants.
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bkk-farang
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Discussion 19 : 24 Jan 2013 at 11.2219
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I think the BIG problem is the fact that some farmers can sell their rice more expensive and make money and they will praise the Shinawatras and vote for them again. The biggest part of these people never pay any taxes. But the taxpayers who pay for all of this have to pay even more in the future. Only few taxpayers vote for the Shinawatras so they don’t care about “other people money”. Nobody should be surprised if soon the taxpayers are fed up enough with this democratically elected government…
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dragonkrz
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Discussion 18 : 24 Jan 2013 at 10.5118
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The rice scheme of the red government shows first, very dramatic results for Thai economy. Loosing the 1 rank as rice exporter and overpriced domestic rice purchase are the consequence of populist promises of the red government. How long can the government stick to this brainloose idea and consequent damage of the contry economy?
I guess not even more the one more year. All werehouses are already over-full and the harvest 2012-2013 still on paddy fields. The government and his patron from abroad are already helpless what to. The next election is already in sight and they will need support from the Eastnorthern farmers. In the very short futu
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