ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Thailand diversifies rice production to retain global market share

Growing more varieties to help offset decline in premium-grade exports

The Thai government has begun providing financial incentives for production of varieties other than the premium-grade fragrant rice that the country is famous for.   © Reuters

BANGKOK-- With production of its premium-grade fragrant rice declining, Thailand is looking to develop more varieties of the crop in order to compete with major exporters like Vietnam and India.

The Thai Rice Exporters Association has been trying to ecourage farmers to diversify the strains they grow by paying them above the market rate for a soft, middle-grade product, which is in high demand in China and other major Asian markets, according to Charoen Laothamatas, the association's president.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more