Why Thailand Rice Exporter is Considered One of The Biggest?

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Thailand is typically known for producing three to five percent of rice in the world. It also accounts for a quarter of the trading globally. The average yearly Thai yields in paddy rice account to thirty to thirty-two million tons. This is also already equivalent to twenty-million tons of milled rice. And, this is consumed by both the export and domestic markets in equal quantities. It’s amazing how Thai rice is continuously being recognized globally. This is because of its high quality and high demand in a huge number of countries.

Thailand Making Remarkable Progress in Economic and Social Development

Thailand is situated in the south-eastern part of the Asian continent. This country has made remarkable progress in economic and social development. It is an upper-middle income country in the year 2011. It also is reaching out to the status of a country having the potential for a higher income.

Thailand is widely cited for its developmental success. It is also impressive in its poverty reduction like in the 1980s. Its agricultural sector employs thirty-five percent of the entire workforces. This is one key sector in the Thai economy. This is why it is recognized as a Thailand rice exporter, among others. While the agricultural sector is declining in its contribution to GDP, Thailand is still becoming one of the top exporters of commodity crops. In the past thirty years, the country is one of the biggest rice exporters around the world.

Thailand Also Gaining Recognition in Other Industries

Not only Thailand is known for producing three to five percent of the rice in the world. It is also among the world’s biggest seafood and fish industries. It also exports about ninety-percent of the entire production. It is a country having one of the top 2 sugar exporters globally.

Moreover, it is the main producer & exporter of dairy products all over ASEAN. It is recognized as one of the three palm oil producers around the globe. Some more major exports include coconuts, pineapples, shrimp, tuna, and tapioca.

Now concerning agricultural land, it’s located in the Northeast and Central Thailand. The latter is also called the “breadbasket” or “rice bowl” of Thailand.

Well-Developed Infrastructure Serving as the Strong Foundation for Agricultural Companies and Small-scale Farmers

The natural and fertile land of Thailand is impressive. It is serving as a strong foundation for both the larger agriculture companies and small-scale farmers. The country is also ranking as the world leader in the export of rubber, rice, sugar, and seafood. The government of Thailand is also aiming to reduce production costs and promote high-quality agricultural products. It is also increasing its level of competitiveness in the agricultural sector.

Governments Paying Much Attention to the Rice Farmers & Their Needs

Rice is indeed a vital commodity in the agricultural sector. This is a staple food in Thailand. Every person consumes rice amounting to 115-kilograms every year. It indeed has its essential role in the economic crop. It is the centremost of the provincial economy. Rice is the most planted-crop in Thailand. It takes up almost forty-five percent of the farmland in Thailand. Almost 17.5 million Thais are engaged in the production of rice.

Rice has naturally led governments of different types to focus more on rice farmers and their needs. Many policies have been as well implemented to help rice farmers. These include price-based policies, other same policies, financial assistance, and many more.

Thai rice is gaining recognition globally for its demand in bigger countries and for being high-quality. It is also connected to the most significant export markets like the United States, China, Africa, the Middle East, and the ASEAN region. The exported rice types include jasmine rice, white rice, parboiled rice.

Now, you have learned all things that contributed to why Thailand rice exporter is one of the biggest!

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