No products in the basket.
Thailand’s Agricultural Challenges: Balancing Growth and Sustainability
Agriculture is one of the most important economic activities in Thailand’s economy, employing about one-third of the country’s workforce. Thailand is also the world’s largest exporter of tapioca products, rubber, canned tuna, and canned pineapple.
- 🌾 Agricultural Growth Challenges Thailand’s agricultural sector faces numerous issues, including poverty, with about 40% of farmers earning below the national income threshold. This challenge is compounded by the need for sustainable practices to ensure long-term viability.
- ♻️ Sustainability Initiatives There is a growing trend towards sustainable practices, highlighted by rice farmers in Thailand who are developing sustainable models that aim to balance environmental health with agricultural output.
According to data from Statista, the gross production value of Thailand’s agricultural market is projected to reach $28.93 billion in 2024, with an expected annual growth rate of 0.21% (CAGR 2024-2029), leading to a gross production value of $29.24 billion by 2029.
What types of agriculture exist in Thailand?
Thailand’s agriculture is diverse, encompassing both traditional methods and modern, technology-driven techniques. Traditional farming practices, including the use of manual tools and crop rotation, are common in rural communities. This type of agriculture, centered around crops like rice and maize, relies on the rainy season and small-scale, family-focused operations aimed at soil sustainability.
Support authors and subscribe to content
Subscribe to read the entire article.
Login if you have purchased
Discover more from Thailand Business News
Subscribe to get the latest posts sent to your email.
