Vietnam and Thailand rice exports soar after India ban (2024)

Agriculture

Consumers feel the pinch of higher prices as countries scramble to secure supply

Vietnam and Thailand rice exports soar after India ban (1)

A farmer works in her field in Thailand. Exports of Thai rice recovered in 2023. © Reuters

YUJI NITTA and KOSUKE INOUE, Nikkei staff writers | Southeast Asia

HANOI/BANGKOK -- Exports of rice from Vietnam and Thailand have surged following restrictions in India, the world's biggest supplier, as importing countries scramble to find new sources.

Agriculture is a "pillar" of the economy, Vietnamese Prime Minister Pham Minh Chinh said Jan. 3 at a conference of the Ministry of Agriculture and Rural Development.

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Vietnam and Thailand rice exports soar after India ban (2024)
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