Thailand's food exports to China are likely to double in the second quarter, driven by a surge in demand after food stocks for the first quarter are depleted. The value of Thailand's food exports average 1 trillion baht annually, while locally produced food earns 2 trillion baht in the domestic market. The drop in the value of food exports was attributed to weak global demand, the strengthening baht and declining world food prices. Thailand's food exports accounted for 2.5% of world food trade. Thai food exports to China amounted to 151 billion baht in 2019, a rise of 34% from the previous year, making up 14.7% of total food exports.

Source: Bangkok Post February 16, 2020 22:41 UTC