Thai food exports seen at record high this year - industry group

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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

BANGKOK : Thailand's food exports are expected to rise by 2.1 per cent to a record of 1.5 trillion baht this year, helped by a recovery in global demand and China's reopening, a leading industry group said on Wednesday.

Food exports, however, might see a drop in the second quarter due to a high base last year, before rebounding in the second half of the year, Anong Paijitprapapon, president of the National Food Institute, told a news conference. Concerns about food security also boosted demand, Anong said, adding Thailand's food exports were in 15th place in the global market with a market share of 2.25 per cent.

 

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