Thai rice exports show signs of recovery after first-half drop
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Thai rice exports show signs of recovery after first-half drop
13 Sept 06:32Key points summarised by AI
Thai rice exports are recovering after an 18.81% decline in the first half of 2026, initially impacted by global price competition and trade disruptions.
Major importing nations are increasing purchases to build stockpiles, driven by concerns over potential El Niño-induced droughts, creating positive momentum for Thai exporters.
Thailand is successfully diversifying its export markets, with increased demand from countries like Malaysia, the Philippines, South Africa, and Mozambique, offsetting reduced shipments to regions like Iraq.
The Department of Foreign Trade is proactively pursuing Government-to-Government deals and trade delegations to key markets to meet the 2026 export target of 7 million tonnes.
The Cabinet approved a 43 billion baht injection for Phase 2 of the 'Thai Chuay Thai Plus' co-payment scheme, extending cost-of-living relief for two months through November to combat rising global energy prices and inflation.
General participants will receive a 1,000-baht subsidy, while state welfare cardholders get a 700-baht top-up; the scheme reopens registration via the 'Pao Tang' app, expanding potential coverage to 32.5 million people with existing beneficiaries confirming participation from September 30.