Thailand’s rice challenge as India reclaims its export throne

Thailand’s rice dominance is under threat. After enjoying a surge in exports due to India’s restrictive trade policies, the tide is turning. With India lifting its export bans, global supply is shifting, putting Thailand’s market position at risk.

Despite a modest increase in production, Thai rice exports are expected to drop, squeezed by lower-cost Indian competitors. Over the past decade, Thailand’s global rice share has shrunk, while India’s has soared. Thailand’s lower yields, stagnant production growth, and higher pricing put it at a serious disadvantage.

As key markets pivot back to India, Thailand faces a pressing question—how will it compete in a rapidly evolving global grain market?

Read the full analysis to see what’s next for Thailand’s rice industry.