New markets sought for tapioca products

Thailand plans to export tapioca products, with a focus on modified starch and native starch, to new markets including the Philippines, New Zealand and Japan.

- PHUSADEE ARUNMAS

Arada Fuangtong, director-general of the Department of Foreign Trade (DFT), said the department implemented a strategy to increase the commercial value of Thai tapioca products.

The strategy involves engaging high-potential private sector partners to diversify export markets, reduce dependence on a single market, strengthen price negotiation power for exporters, stabilise domestic prices for farmers and enhance the global competitiveness of Thailand's tapioca industry.

In the third quarter, the department plans to target new markets including the Philippines, New Zealand and Japan, which have strong animal feed industries and are seen as capable of absorbing future Thai cassava output.