FRIDAY, March 29, 2024
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Somkid targets 70% Hong Kong market share for Thai rice

Somkid targets 70% Hong Kong market share for Thai rice

Deputy Prime Minister Somkid Jatusripitak has targeted that Thai rice will secure 70 per cent of the Hong Kong market this year.

Commerce Minister Apiradi Tantraporn said on Thursday that during Somkid’s four-day visit to Hong Kong that began on Wednesday, he and the Thai delegation that accompanied him were holding talks with four of the city’s rice associations on ways to expand Thailand's mark.
Somkid set the target market share at 70 per cent this year, up from 68 per cent last year. Hong Kong imports 300,000 tonnes of rice from Thailand annually, of which most is Hom Mali rice.

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