Manya Rathore
Research expert covering India
Rice market in Thailand - statistics & facts
Rice has long been the foundation of Thai agricultural society and has played a significant role in the nation's traditions, despite the diversity of crops grown there. The Southeast-Asian nation ranks 5th among the leading producers of rice globally. The rice industry is worked by around five million households, or more than 60 percent of the country's total agricultural workforce. Naturally, government assistance has traditionally been provided to rice growers. Price policies like price guarantees and rice-pledging schemes have been part of this in the past, along with a variety of other initiatives like financial aid for planting and harvesting expenses and support for the development of new varieties of rice.
