Thailand's food exports are expected to rise by 2.1% to a record of 1.5 trillion baht (US$44.31 billion) this year, helped by a recovery in global demand and China's reopening, a leading industry group said on Wednesday.
BANGKOK (Reuters) - Thailand's food exports are expected to rise by 2.1% to a record of 1.5 trillion baht ($44.31 billion) this year, helped by a recovery in global demand and China's reopening, a leading industry group said on Wednesday. | 03:52am
Thailand's food exports are expected to rise by 2.1% to a record of 1.5 trillion baht ($44.31 billion) this year, helped by a recovery in global demand and China's reopening, a leading industry group said on Wednesday.
BANGKOK : Thailand's food exports are expected to rise by 2.1 per cent to a record of 1.5 trillion baht ($44.31 billion) this year, helped by a recovery in global demand and China's reopening, a leading industry group said on Wednesday.The country' food shipments, which account for 14.6 per cent of the t
By Reuters Staff
2 Min Read
BANGKOK, Feb 18 (Reuters) - Thailand’s food exports are expected to rise 7.1% this year, after dropping 4% in 2020, on higher global demand as the coronavirus pandemic eases, a business group said on Thursday, noting a strong baht remained a risk to the outlook.
Food exports are forecast at 1.05 trillion baht ($35 billion) this year on an assumption that the baht would be at of level of around 30 per U.S. dollar, Anong Paijitprapapon, president of the National Food Institute, told a briefing.
Last year, Thailand exported $31.3 billion of food products, accounting for 13.5% of total shipments, a key driver of Thai growth. The food industry employs about a million workers.