Thailand’s food exports poised for 7.1 percent growth in 2021
Thailand’s food exports are forecast to recover to 7.1 percent growth this year, fetching 1.05 trillion THB (35 billion USD), driven by growing demand in the global market.
The anticipated rise in farm and food prices, especially for chicken, sugar, tapioca products and pineapples, as well as Thailand’s strict safety and supervisory measures to prevent the spread of the virus and food contamination, are factors in the food export prediction, according to the Board of Trade, the National Food Institute and the Federation of Thai Industries (FTI).
