Institute: Thailand can be ‘Top 5’ food exporter
The National Food Institute says it plans to push Thailand to be among the top five food exporters within the next 20 years, with value rising to 6 trillion baht, says Nuttapon Nimmanphatcharin, the institute’s vice-president. Thailand ranks 13th among food exporters, with a value of 980 billion to 1 trillion baht per year, he said. Mr Nuttapon said the Thai food industry and food exports are expected to grow substantially in line with a rising economy. The industry has strong potential to grow and compete in the global market, he said. To achieve its 20-year goal, Thailand should reach the top 10 of food exports within a decade, with export value of 2.3 trillion baht, said Mr Nuttapon. He said the key factor to help the Thai food industry reach the target is new food technology and innovations improving the quality of food, adding value and creating food products that can penetrate new markets. “The government is trying to promote Thai food producers to have sustainable businesses by using advanced technology and innovations,” said Mr Nuttapon.
