Key Takeways
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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.
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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.
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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
