” The department will organize a delegation. Government and private sectors will visit Hong Kong at the end of May and will meet and discuss with the Hong Kong Rice Importers Association. To exchange rice trade situations, policies, problems-obstacles, and ways to solve problems to promote rice trade between each other. To maintain Thai rice market share to be number 1 in Hong Kong. “

Mr. Ronarong Poolpipat, Director-General of the Department of Foreign Trade. Revealed that the department will organize a delegation Government and private sectors will visit Hong Kong at the end of May and will meet and discuss with the Hong Kong Rice Importers Association. To exchange rice trade situations, policies, problems-obstacles, and ways to solve problems to promote rice trade between each other. To maintain Thai rice market share to be number 1 in Hong Kong and increase the amount of Thai rice exports after 2019 Hong Kong imported rice decreased. Because of the COVID-19 outbreak that affects tourism and Hong Kong’s economy together with the trend of loving health that consumers want to reduce carbohydrates and sugar and mainly consumes quinoa and grains Thus causing less rice consumption. As a result, the volume of Thai rice exports to Hong Kong decreased. But Thailand still dominates Number 1 rice market share in Hong Kong

Hong Kong is an important export market for Thai rice. In the past, Thailand exported rice to Hong Kong. 170,000-223,000 tons/year and each year Hong Kong imports rice 300,000-330,000 tons, Thai rice therefore accounts for more than half of the total rice import volume and Thailand has always held the number 1 share of the Hong Kong rice market, behind Vietnam, China, Japan and Cambodia. 80% of Thai rice exported to Hong Kong is Thai jasmine rice Meanwhile, Hong Kong is ranked 4th in the Thai jasmine rice market.

https://www.thairath.co.th/money/economics/thailand_econ/2697219