India overtakes Thailand to be Singapore’s top rice supplier

India riceIndia has overtaken Thailand as the biggest rice supplier to Singapore – the first time this is believed to have happened.

Thailand has been the top source of the staple here since at least 1998, accounting for over half of overall supply between 1998 and 2011. Last year, this fell to 35.3 per cent.

New figures from the government’s trade promotion arm, International Enterprise Singapore, show that India was the top rice supplier from January to August this year at 92,865 tonnes, or 32.9 per cent of the total.

Thailand was second at 85,816 tonnes over the same period, or 30.4 per cent of the total.

Meanwhile, during a visit by Chinese Prime Minister Li Keqiang to Thailand, the Thai government announced that China will be buying one million tonnes of Thai rice over the next five years. The value of the rice purchase deal would be around $750 million.



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India has overtaken Thailand as the biggest rice supplier to Singapore - the first time this is believed to have happened. Thailand has been the top source of the staple here since at least 1998, accounting for over half of overall supply between 1998 and 2011. Last year, this fell to 35.3 per cent. New figures from the government's trade promotion arm, International Enterprise Singapore, show that India was the top rice supplier from January to August this year at 92,865 tonnes, or 32.9 per cent of the total. Thailand was second at 85,816 tonnes over the same period, or...

India riceIndia has overtaken Thailand as the biggest rice supplier to Singapore – the first time this is believed to have happened.

Thailand has been the top source of the staple here since at least 1998, accounting for over half of overall supply between 1998 and 2011. Last year, this fell to 35.3 per cent.

New figures from the government’s trade promotion arm, International Enterprise Singapore, show that India was the top rice supplier from January to August this year at 92,865 tonnes, or 32.9 per cent of the total.

Thailand was second at 85,816 tonnes over the same period, or 30.4 per cent of the total.

Meanwhile, during a visit by Chinese Prime Minister Li Keqiang to Thailand, the Thai government announced that China will be buying one million tonnes of Thai rice over the next five years. The value of the rice purchase deal would be around $750 million.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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