Thailand's Commerce Ministry forecasts rice exports reaching 9 million tonnes this year, potentially generating $6.4 billion (230 billion baht) in revenue, Commerce Minister Pichai Naripthaphan announced.

By the end of September, Thailand had already exported 7.45 million tonnes of rice, marking a 22.13% increase compared to the previous year.

This export volume has brought in 172.019 billion baht, or about $4.843 billion, reflecting a 45.85% rise in export value year-on-year.