Cassava exports in Thailand are increasing as the Ukraine crisis impacts grain supplies

BANGKOK: Thailand’s cassava exports increased from January to April last year as importers sought grain alternatives, according to a senior official on Monday (Jun 20), amid a food crisis triggered by Russia’s invasion of Ukraine.

According to the Commerce Ministry, the world’s top cassava exporter transported 4.6 million tonnes of cassava and related products such as tapioca, cassava starch, and pellets worth 54.8 billion baht (US$1.55 billion) in the first four months of this year, up 28.2% from the same period last year.

China received over 70% of all exports. Japan, Indonesia, and South Korea were among the other countries visited.

Related Posts

Countries are striving to keep inflation rates under control, which have risen globally due to post-pandemic demand, extreme weather impacts, and, most lately, the war in Ukraine. Others have spent billions on food and fuel subsidies, while others have looked for new foods and sources.

Ukraine, recognized as Europe’s breadbasket, warned last week that Russia’s invasion will result in a global wheat scarcity.

Last year, Thailand produced 32.5 million tonnes of cassava, which is processed into a variety of products, 30% to 35% of which is eaten locally. According to official data, it exported cassava products valued at 123 billion baht.

Rianne Motas

Rianne Motas is a Business Economics major from the University of Santo Tomas - Philippines.

Recent Posts

One Piece Unveils Revamped Fish-Man Island Saga with New Opening Theme as Anime Prepares for 2025 Return

One Piece offers a new take of the legendary Fish-Man Island arc, so fans are in for a nostalgic trip…

November 4, 2024

Johor to Pioneer Premium Salaries for Skilled Workers as Malaysia’s First State Initiative under Johor-Singapore SEZ

Particularly in areas related to the forthcoming Johor-Singapore Special Economic Zone (JS-SEZ), Johor is poised to become the first state…

November 4, 2024

China-Japan Diplomatic Groundwork Laid Ahead of Anticipated Xi-Ishiba Summit in South America

China and Japan are getting ready for what would be a historic meeting between Chinese President Xi Jinping and freshly…

November 4, 2024

Philippines Triumphs with Fifth Consecutive East Asia Baseball Cup Title

Celebrating their fifth straight East Asia Baseball Cup title, the Philippines men's baseball team savored a historic triumph. Sunday in…

November 4, 2024

Japan’s Bold “Conveyor Belt Road” to Solve Truck Driver Shortages with Automated Cargo Transport

Officially known as an "auto flow road," the government of Japan has presented plans for a revolutionary "conveyor belt road,"…

November 3, 2024

China and UAE Celebrate 40 Years of Diplomatic Relations: All the Sectors for Partnership

Celebrating 40 years of diplomatic ties, China and the United Arab Emirates (UAE) are poised to fortify an alliance that…

November 2, 2024

This website uses cookies.

Read More