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Reference

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Primary source

Thai rice export value (USD, 2024)

~USD 4-5B

As ofFY2024·Sources2·Primary

Thailand's milled rice exports generated an estimated USD 4-5 billion in 2024, supported by elevated global prices following India's export restrictions in 2023. Hom Mali commands a consistent 20-30% price premium over Thai white 5% broken. The Department of Foreign Trade publishes monthly FOB export statistics by grade and destination.

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Figure in context

Thailand's milled rice exports generated an estimated USD 4-5 billion in 2024, supported by elevated global prices following India's export restrictions in 2023. Hom Mali commands a consistent 20-30% price premium over Thai white 5% broken. The Department of Foreign Trade publishes monthly FOB export statistics by grade and destination.

Thailand's milled rice exports generated an estimated USD 4-5 billion in 2024, supported by elevated global prices following India's export restrictions in 2023. Hom Mali commands a consistent 20-30% price premium over Thai white 5% broken. The Department of Foreign Trade publishes monthly FOB export statistics by grade and destination.

Time scope

FY2024

Source basis

Primary source

Interpretation notes

What this tells you

Thailand's milled rice exports generated an estimated USD 4-5 billion in 2024, supported by elevated global prices following India's export restrictions in 2023. Hom Mali commands a consistent 20-30% price premium over Thai white 5% broken. The Department of Foreign Trade publishes monthly FOB export statistics by grade and destination.

What not to do with it

Use the linked report for interpretation and keep basis differences explicit.

Related figures

Adjacent numbers that add context without drowning the value.

FY2024
~9-10 Mt

Thai rice export volume (2024)

Thai Rice Exporters Association, Department of Foreign Trade, USDA PSD

Crop year 2023/24
~30-32 Mt

Thai paddy production (2024 crop year)

Office of Agricultural Economics, Bank of Thailand crop surveys

2023-2024
Top-5 ~40-50%

Top-5 rice miller/exporter share of Thai exports

Thai Rice Exporters Association member survey, DFT exporter registry

FY2024
~THB 12,000-15,000/tonne

Thai paddy farm-gate price — Hom Mali (2024)

Office of Agricultural Economics, BOT

Report context

Thai Paddy-Rice Millers and the Export-Policy Cycle

The 100kg-paddy-to-60kg-rice transformation step sits inside ~1,477 registered Thai mills with installed capacity ~3x annual paddy output. Asia Golden Rice, CR Asahi, Ponglarp, Capital Rice, and CP Intertrade lead a TREA-ranked exporter tier perched on top of a long tail of provincial mills. The 2011-2014 paddy-pledging scheme cost THB 984 billion and still defines Thai rice politics; the 2024-2025 cycle (BAAC paddy-payment programmes, India lifting its non-basmati export ban, Vietnamese ST25 quality challenge) tests miller margins and exporter pricing power.

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Atlas actors in this figure's reports

Profiles covered in the report that cite this number.

Asia Golden Rice

Top private Thai rice exporter; Hom Mali, white, parboiled; TREA top-ranked.

Capital Rice

Top private Thai rice exporter; consistently top-five exporter by volume in Thai jasmine and white-rice trade.

CP Intertrade

CP Group's rice export arm; Royal Umbrella, Tra Chang retail brands; vertically integrated with 7-Eleven distribution.

CR Asahi

Private top-tier Thai rice exporter; Hom Mali, white, parboiled; African, Middle East destination strength.

Ponglarp

Private Thai rice exporter; African, Middle East parboiled focus.

Thai rice export value (USD, 2024) · Insight