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Thailand's food exports average one trillion baht annually. Locally consumed foods earn two trillion baht annually in the domestic market. Thailand is a leading food exporter: rice is the chief export, accounting for about 17.5 percent of all food exports, followed by chicken, sugar, processed tuna, tapioca flour, and shrimp.
The NFI also makes forecasts about Thai food industry output. For example, they made the following forecast for 2020, "Prior to the COVID crisis, the National Food Institute estimated that the value of Thai food exports would be U.S. $34.9 billion in 2020, an increases of 5.4 percent from the previous year."
The government narrative describes Thailand 1.0 as the agrarian economy of Thailand decades ago. Thailand 1.0 gave way to Thailand 2.0, when the nation's economy moved on to light industry, textiles, and food processing. Thailand 3.0 describes the present day, with heavy industry and energy accounting for up to 70 percent of the Thai GDP. [72]
Charoen Pokphand Foods Public Company Limited, (Thai: บริษัท เจริญโภคภัณฑ์อาหาร จำกัด (มหาชน)) a company of the Charoen Pokphand Group, is an agro-industrial and food conglomerate headquartered in Thailand.
In that year, lower Thai rice output, coupled with lower output from India and Vietnam, prompted India to ban exports, sending global prices skyrocketing and causing food riots in Haiti and panic measures by big importers such as the Philippines. [11] Starting in late-2014, Thailand's rice industry was again hit with a drought that extended to ...
CP Foods is a founding member of the Shrimp Sustainable Supply Chain Task Force (SSSC), established in July 2014, which has convened food producers, international retailers, and NGOs to map out a holistic improvement and audit plan for the Thai shrimp industry, and to identify and agree the steps and timetable to increase the sustainability and ...
Thailand's recovery from the 1997–1998 Asian financial crisis depended mainly on exports, among various other factors. As of 2012, the Thai automotive industry was the largest in Southeast Asia and the 9th largest in the world. [4] [5] [6] The Thailand industry has an annual output of near 1.5 million vehicles, mostly commercial vehicles. [6]
About 70 pesticides used in Thailand are banned in the West. [7] According to the Thai government's The Eleventh National Economic and Social Development Plan (2012-1016), Thailand is number one in the world in the application of chemicals in agriculture. The report stated, "The use of chemicals in the agricultural and industrial sectors is ...