Thailand increases rice export target to 8 million tons in 2023 ...Middle East

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BANGKOK: Thailand raised its rice export target this year to 8 million tons, up from a previous target of 7.5 million tons, due to higher rice output, a government official said Wednesday.Thai rice is expected to see higher exports as the global economy is recovering, while the strengthening baht and volatile exchange rate could impact competitiveness, said Anucha Burapachaisri, deputy secretary-general to the prime minister and government spokesman, in a statement, reported Xinhua.Rice exports in the first two months this year were recorded at 1.39 million tons, with 52 per cent shipped to Asian markets, Anucha said.Under the government’s marketing-led production strategy, the Southeast Asi

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