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  1. #1
    Thailand Expat misskit's Avatar
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    China emerging as major threat to Thai rice exports

    China could become Thailand's main competitor for rice export in the future, according to the Thai Rice Exporters Association.

    The association's honorary president, Chookiat Ophaswongse, said that the association was closely watching China's rice exports, which had expanded in terms of volume over the past few years.

    Last year China exported 2.7 million tonnes of rice, which is expected to reach 3.2 million tonnes this year. He added that China's export is expected to expand to between 5 million tonnes to 6 million tonnes in the next few years, thanks to its rice varieties and high yield.

    He said that besides China, Myanmar is also rising fast as a major rice exporter. Myanmar has already exported 2 million tonnes this year and is expected to increase to 3 million tonnes next year.

    He added that Thailand's competitors have spent far higher than Thailand on rice research and development to improve quality and strains to make their rice fit well with market demand.


    The association recently revised down its forecast for Thai rice exports this year from 7.5 million tonnes to 6.5 million tonnes. Thailand's rice exports in the first half of this year dropped 32 per cent year on year to 3.14 million tonnes, worth US$2.2 billion, according to the association.


    China emerging as major threat to Thai rice exports

  2. #2
    Pedantic bastard
    nidhogg's Avatar
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    Quote Originally Posted by misskit View Post

    He added that Thailand's competitors have spent far higher than Thailand on rice research and development to improve quality and strains to make their rice fit well with market demand.
    One day the penny might drop.

  3. #3
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    Only number 6 on one list


    1. India: US$7.1 billion (32.5% of total rice exports)
    2. Thailand: $4.2 billion (19.2%)
    3. United States: $1.9 billion (8.6%)
    4. Vietnam: $1.4 billion (6.6%)
    5. Pakistan: $1.2 billion (5.6%)
    6. China: $1.1 billion (4.8%)
    7. Italy: $624.3 million (2.9%)
    8. Myanmar (Burma): $579 million (2.6%)
    9. Cambodia: $430.6 million (2%)
    10. Uruguay: $375.8 million (1.7%)
    11. Brazil: $367.6 million (1.7%)
    12. Netherlands: $307.4 million (1.4%)
    13. Belgium: $271.4 million (1.2%)
    14. Paraguay: $226.7 million (1%)
    15. Spain: $207 million (0.9%)


    Rice Exports by Country 2019


    Another list suggests China imports quite a bit:

    The Largest Rice Importers In The World

    Rank Country Rice Imported (USD Thousand)
    1 China 1,599,660

    The 10 Largest Rice Importers In The World - WorldAtlas
    A tray full of GOLD is not worth a moment in time.

  4. #4
    Thailand Expat
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    Via their typical thainess, Thai farmers have denigrated the fragrant quality that used to set Thai rice apart, and justifiably command a premium.
    I'd suggest Vietnam is a more potent threat than China in rice exports. China imports large amounts of rice too. The Fil's too (home of IRRI), when they stop eating it all themselves.

  5. #5
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    Rice is so last century.
    Agriculture was Thailand 1.0.
    We know this because the government told us so in 2016 when it rolled out Thailand 4.0, an 'innovation driven economy'.
    Four years on there does seem to be progress with one of the key projects, the Eastern Economic Corridor. I think the High Speed Railway was part of the strategy too. As for the 'disadvantaged 20 provinces' I am not seeing a lot being delivered in Isan.
    Anyway, forget rice, keep faith and we'll see innovation driving the economy in next to no time.

  6. #6
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    Why, when the previous PM on advice of her brother wanted Thai Rice be great again, buying it out from small farmers but not paying them, keeping the rice in rotten storage...

  7. #7
    Thailand Expat
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    Quote Originally Posted by Klondyke View Post
    keeping the rice in rotten storage
    Why was the rice left in storage for so long,wasn't it all politically based.?

  8. #8
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    ^The farmers were promised double price as before, so to feel gratitude to the party at election. However, paid not by money but by promissory notes. And good friends of the party were given loans to build huge warehouses of substandard quality. As a reason for that was a clever solution: "we keep the rice lock down, the world will get hungry and price will rise, then we will cash a huge profit".

    It had waked up other clever rice players, so nobody wanted to buy the rotten rice from Thailand. And at the end of the day the new govt - the junta - made use of the situation, paid immediately the farmers by cash, so calmed down the excitement of the military coup criticised by "international community"...

  9. #9
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    Depends on what market they are going for.

    I know a few rice traders/importers in NZ. They mainly supply the Asian market here. (Both supermarkets and restaurants) They all say the same thing. The best rice comes from Thailand, but it is the most expensive.

    Cambodian rice is good, but they can not secure enough supply. It is also more expensive to ship. Vietnamese is better priced, but not as good.

    They have tried taking Thai rice and growing it in China, but it does not taste the same as the same Thai varieties grown in Thailand.

    The middle Eastern market goes for old Pakistani rice. That's the stuff at least two years old.Apparently more fragrant than most.Can't remember the variety.

    The other rice that is getting more and more popular here with the traditional supermarkets is Calrose Rice. Grown in the USA...

  10. #10
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    My wife likes to eat basmati rice, she prefers Thai jasmine but likes a change. The rice game played by Thailand made her switch and another loyal customer has been lost.

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