Betel nuts are an important economic crop globally, with consumption and production continuously on the rise. Between 2016 and 2022, betel nuts generated substantial income for Thailand, with export values ranging from 1.045 to 2.151 billion baht per year.
Thailand has faced challenges in exporting betel nuts over the past year, significantly impacting farmers and exporters. To mitigate these issues and increase opportunities, the Thai government is rapidly implementing key measures as follows:
Measure One: Accelerate Trade Negotiations with India
Measure Two: Expand New Export Markets
Measure Three: Promote Research and Development
For Additional Information: Thailand Development Research Institute (TDRI)
Link: https://tdri.or.th/