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BANGKOK, Jan 31 (Reuters) – Thailand exported 7.69 million tonnes of rice in 2022, up 22.1% from a year earlier, the commerce ministry said on Tuesday.
The exports exceeded a target of 7.5 million tonnes, with top markets being Iraq, South Africa, China and the United States, it said in a statement.
Thai rice exports were strong last year because of the weak baht THB=, which traded at an average of 38 baht last year, senior commerce official Ronnarong Phoolpipat told a news conference.
Thailand is the world’s third-largest rice exporter after India and Vietnam.
Earlier this year it lowered its export target for 2023 from 8 million tonnes to 7.5 million tonnes as the baht, which is which is trading at 33 baht, appreciated.
(Reporting by Panarat Thepgumpanat; Writing by Chayut Setboonsarng; Editing by Kanupriya Kapoor)
((chayut.setboonsarng@tr.com, Twitter: @ChayutSet; +66854849033;))
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