Thai rice exports to face stiffer competition from India
Thailand’s rice exports are expected to face stiffer competition as India has removed export restrictions and taxes, allowing unlimited rice exports, according to Charoen Laothammatas, President of the Thai Rice Exporters Association.
A rice store in Pekan Mundok town of Thailand (Photo: AFP/VNA)
Bangkok (VNA) – Thailand’s rice exports are expected to face stiffer competition as India has removed export restrictions and taxes, allowing unlimited rice exports, according to Charoen Laothammatas, President of the Thai Rice Exporters Association.
Even with the restrictions in place, he said that India was the world’s largest rice exporter during the first nine months of this year, shipping a record 12.2 million tonnes, down 19.6% year-on-year, while Thailand remained in second place, with 7.45 million tonnes, an increase of 22% year-on-year. Vietnam came third, with 6.96 million tonnes, up 8.4%, followed by Pakistan, with 4.45 million tonnes, up 74.4% and the US, with 2.5 million tonnes, up 56.3%.
The largest importer of Thai rice this year was Indonesia, with about 1 million tonnes, followed by Iraq 907,715 tonnes, the US 609,430 tonnes, South Africa 580,288 tonnes, and the Philippines 399,493 tonnes.
Thai rice exports in the first nine months were worth about 172 billion THB (5.04 billion USD), up 45.8% from last year’s 117.9 billion THB.
Exports of white and Hom Mali fragrant rice remained strong, with 507,795 tonnes in September, mainly to Iraq, the Philippinesꦅ, Togo, Cameroon, Kenya, Mozambique, Benin and Japan, but shipments of parboiled dropped 30% compared to the same period last year./.
Thailand’s rice exports this year are expected to be higher than last year despite the recent flood crisis, according to the Thai Rice Exporters Association (TREA).
Thai rice export prices fell to a 14-month low this week due to pressure from weak demand and competition from other rice exporting countries, while Indian price rose slightly on a stronger rupee, despite sluggish demand from Asia and African buyers.
The World Bank will provide a 2.1 billion USD financing package for Indonesia, focusing oncreating jobs, stimulating economic growth, and enhancing access to clean energy across the country.
Member states also reviewed progress on six priority areas for 2025, including the development of an underground cable framework, the follow-up agreement to the ASEAN Petroleum Security Agreement (APSA), the launch of the ASEAN Energy Efficiency Database, and the rollout of an investment platform for sustainable building initiatives.
In March, Thai Prime Minister Paetongtarn Shinawatra met with Formula 1 chief Stefano Domenicali and said Thailand would commission a feasibility study into hosting a Grand Prix on a Bangkok street circuit from 2028.
The proposed giant sea wall aligns with bilateral cooperation and has been designated a national priority, considering that several regions in Indonesia are experiencing land subsidence of 10–15 centimetres per year.
International flights were cancelled including Jetstar and Virgin Australia flights to cities across Australia, and flights of Air India, Air New Zealand, Singapore's TigerAir and China's Juneyao Airlines.
The partnership aims to strengthen collaboration in the exploration and exploitation of mineral resources, including gold, copper, and manganese, as well as in the development of steel, aluminum, and renewable energy industries.
The Thai cabinet has approved a seven-year EV bus leasing scheme proposed by the Bangkok Mass Transit Authority (BMTA) for the capital, with an estimated cost of 15.35 billion THB (over 470 million USD).
Aircraft are prohibited from flying below 6,000 metres in the vicinity of the volcano, and should also remain alert to the presence of volcanic ash, which can disrupt flights.
Laos declared the transfer of the press management functions of five key media agencies and associated personnel to the Propaganda and Training Board of the Lao People's Revolutionary Party Central Committee.
Univers said in a statement that the new centre will serve as a hub for innovation, bringing together digital intelligence and climate ambition to accelerate Sarawak's transition toward a low-carbon, tech-enabled economy.
The target is to be completely free from plastic waste within two years. This can only be achieved if all parties implement the initiative with strong discipline.
Indonesia is taking new steps to improve protections for fishery workers, amid concerns over low wages, harsh working conditions, and limited access to social welfare.
The 2025 ASEAN- the Republic of Korea (RoK) Connectivity Forum that opened in Jakarta on June 17 reaffirmed a shared commitment to shaping a connected, resilient future by advancing the ASEAN Connectivity Strategic Plan.
The desk will serve as a service centre providing market intelligence, business licensing guidance, facilitating business cooperation, identifying potential investment projects, and harmonising regulatory policies between the two parties.
Malaysian Prime Minister Anwar Ibrahim noted that the Asia-Pacific region accounted for half of global energy consumption and 60% of greenhouse gas emissions in 2024. Despite this, regional countries, including eight of ten ASEAN member states, remain committed to climate goals, including net-zero emissions and tripling global renewable capacity by 2030.
The new halal cooperation arrangement will streamline halal certification and product assurance processes, making it easier for New Zealand exporters to access the Indonesian market.
