Thai Rice in Turbulent Waters: Export Decline, Smallholder Uplift, and Global Competition
Thailand’s renowned rice sector stands at a pivotal juncture. New research and trade data show a sharp drop in exports, intensifying regional competition, and bold reforms aimed at empowering small-scale farmers. Thailand’s rice—a cornerstone of local cuisine and a major export—faces market shifts, policy changes, and global economic turbulence that could reshape rural livelihoods and the wider agricultural landscape.
Rice’s cultural and economic significance in Thailand is immense. As the kingdom’s top agricultural export and a key source of rural employment, rice feeds households and sustains farming communities. Jasmine rice, known locally as Hom Mali, has long commanded premium pricing in markets from the United States to Africa. Yet recent developments reveal how quickly external shocks and domestic reforms can ripple through the sector.