Thailand loses top rice exporter title

Published: 4 Jan 2013 at 13.09
Online news: News

Thailand lost its three-decades-old title as the world's top rice exporter last year, falling behind India and Vietnam, industry sources said on Friday.

At $100 to $200 a tonne more than what other countries charge, Thai rice is not finding as many overseas buyers as it used to.

Vietnam on Thursday announced that its rice exports for 2012 reached 7.6 million tonnes, up 10% year-on-year. India's rice exports last year exceeded 9.5 million tonnes, according to US Department of Agriculture figures.

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patchar
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Discussion 8 : 04 Jan 2013 at 17.208
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Well... I thought this is no big deal for the moneyed politicians. Previously, a news came out saying some politicians where involved in rice scam which victimized mostly farmers who are basically poor like me. Thailand is slowly going backward to meet its neighbours like Loas and Cambodia at the tail end of the 10 asean nations. Truth about the real situation is now unveiling before the eyes of the Thai people.
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CMfarang
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Discussion 7 : 04 Jan 2013 at 17.177
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Perhaps the PM can give us a lesson in Thaksinomics.
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sirron
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Discussion 6 : 04 Jan 2013 at 17.056
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Not being an expert at rice farmimng, nor an import/export statistician is probably the reason for my stupid idea that maybe the flood in 2011 ruined that rice crop so there was not as much excess rice to export in 2012 as there usually would be.
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jacksprat
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Discussion 5 : 04 Jan 2013 at 14.495
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Well done, Pheu Thai!
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upena
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Discussion 4 : 04 Jan 2013 at 14.174
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Thailand lost this title in Feb 2012
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davidh
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Discussion 3 : 04 Jan 2013 at 13.573
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The Thai Government seem to have been very badly advised by this policy. It's of course based on the European Union's now largely discredited CAP from which Thailand should have learned.

In the end, much of the rice stockpile will have to be given away as foreign aid or destroyed unless the World Price significantly increases and that's a race against time as the rats eat away.

The Thai Government is hemmed in and cannot grant export subsidies as these would contravene WTO Rules and politics make abandonment of the policy almost impossible in the short term. Perhaps time for the Governing Party to eat humble pie and talk to the Oppositi
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bkksim
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Discussion 2 : 04 Jan 2013 at 13.192
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Of the 6.9 million tonnes, some 1.7 million were registered as government-to-government deals, which the private-sector association has questioned.

Lets hope that someone will investigate thes deals.
The word secret should not be used by a government who is working for the people.
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bikeme
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Discussion 1 : 04 Jan 2013 at 13.161
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And tomorrow the PTP hired PR experts will be out in force telling us how wonderful the program and benefits are for the farmers.
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Thailand loses top rice exporter title | Bangkok Post: business

Thailand loses top rice exporter title

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