Key Takeways
Thailand has secured a significant sugar export deal with the Philippines, worth 1.127 billion baht (around $33 million), facilitated by the Department of International Trade Promotion (DITP) through 32 business partnerships.
The country is the world’s third-largest sugar exporter, commanding a 12% market share and exporting 8 million tons valued at 380 billion baht in 2023.
With ambitions to lead the global sweetener market, Thailand aims to further strengthen its position in the international sugar industry beyond this billion-baht milestone.
Thailand is making waves in the global market once again. The Department of International Trade Promotion (DITP) successfully closed a sugar and refined sugar export deal to the Philippines valued at 1.127 billion baht (approximately $33 million) through 32 business matching partnerships, showcasing the ongoing strength of Thailand’s sugar industry.
Thai Sugar… A Global Powerhouse
World’s 3rd Largest Sugar Exporter: Thailand holds a 12% market share, exporting 8 million tons worth 380 billion baht in 2023.
Beyond the Billion-Baht Mark… Thailand Aims to Lead the Global Sweetener Market
