Thailand's Rice Export Policy

Thailand’s rice export policy aims to balance supporting farmers, maintaining market stability, and securing fair prices. It involves setting export quotas, quality standards, and sometimes intervening in global markets to prevent price fluctuations. The government monitors world rice demand and prices to determine when to encourage exports or protect domestic supplies. Additionally, Thailand promotes premium rice varieties and sustainable practices to enhance competitiveness. Overall, the policy seeks to position Thailand as a leading rice exporter while ensuring economic stability for local farmers and the broader economy.