Thailand
U.S. Trade with Thailand in 2024
Export Market Rank
#23 Among U.S. Agricultural Export Markets
Total Export Value
$1.32 Billion
3-Year Average
$1.36 Billion
Compound Average Growth
-2.49% (2015-2024)
Total Export Value 2015 - 2024
Export Value by Commodity 2024
Top 10 Exports to Thailand in 2024
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Soybeans | $229.57 Million | 451,872 | $386.17 Million | 0% |
| Wheat | $197.93 Million | 729,297 | $189.45 Million | -3% |
| Other Feeds, Meals & Fodders | $125.98 Million | 143,542 | $110.54 Million | 15% |
| Food Preparations | $101.09 Million | 2,844 | $115.93 Million | 1% |
| Dairy Products | $87.26 Million | 45,293 | $69.5 Million | 51% |
| Cotton | $75.39 Million | 35,848 | $159.53 Million | -57% |
| Tree Nuts | $70.53 Million | 13,751 | $42.37 Million | 87% |
| Distillers Grains | $64.5 Million | 240,936 | $117.95 Million | -27% |
| Hides & Skins | $58.32 Million | --- | $71.58 Million | 24% |
| Essential Oils | $46.2 Million | 1,851 | $46.78 Million | 4% |
Data and Analysis
FAS Bangkok forecasts MY 2025/26 rice production to marginally drop compared to MY 2024/25, while Thailand’s MY 2025/26 rice exports will fall sharply in response to strong global competition, especially among white rice producers.
Thai rice exports continued a steady decline in October with year-to-date shipments below last year’s level as logistics challenges persisted. Harvest progress for marketing Year 2025/26 main-crop rice proceeded on schedule with stable yields, supported by improved water conditions and favorable monsoon rainfall.
This report provides a comprehensive overview of Thailand’s food retail sector, including the latest market developments and trends in U.S. food and agricultural trade with Thailand.
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News and Features
The U.S. Department of Agriculture will spearhead a trade mission to Bangkok, Thailand, from Feb. 3-6, 2025, to expand agricultural exports and strengthen trade ties in Southeast Asia. The mission includes more than 40 agribusinesses, trade organizations, and representatives from five state departments of agriculture.
The U.S. Department of Agriculture’s Foreign Agricultural Service will host its first-ever trade mission to Bangkok, Thailand, Feb. 3-6, 2025. Current and potential U.S. exporters interested in participating should apply for consideration by Oct. 29.
Under Secretary for Trade and Foreign Agricultural Affairs Alexis M. Taylor will lead a U.S. Department of Agriculture trade mission to Ho Chi Minh City and Hanoi, Vietnam, Sept. 9-13, joined by representatives from 58 agribusinesses and organizations and nine state governments that represent the diversity of U.S. agriculture.