Thailand’s 2017 rice exports hit record 11.48 MMT.

Thailand exported a record 11.48 million tonnes of rice in 2017. The amount, which surpassed the previous record of 10.96 million tonnes in 2014, was worth over US$5.1 billion, said Adul Chotinisakorn, deputy chief of the commerce ministry’s department of foreign trade. Thailand, the world’s second-biggest rice exporter after India, is expected to ship out 9.5 million tonnes of rice worth US$4.7 billion this year. A lower forecast is maintained as bad weather is affecting the crops.