Thailand
U.S. Trade with Thailand in 2023
Export Market Rank
#22 Among U.S. Agricultural Export Markets
Total Export Value
$1.23 Billion
3-Year Average
$1.48 Billion
Compound Average Growth
-2.72% (2014-2023)
Total Export Value 2014 - 2023
Export Value by Commodity 2023
Top 10 Exports to Thailand in 2023
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Wheat | $236.49 Million | 656,727 | $185.07 Million | 53% |
| Soybeans | $154.12 Million | 240,173 | $387.33 Million | -36% |
| Other Feeds, Meals & Fodders | $98.69 Million | 81,642 | $108.54 Million | -7% |
| Dairy Products | $97.79 Million | 49,290 | $67.92 Million | 37% |
| Cotton | $92.71 Million | 39,641 | $170.91 Million | -51% |
| Food Preparations | $79.34 Million | 2,547 | $114.99 Million | -13% |
| Distillers Grains | $79.13 Million | 244,480 | $119.8 Million | -4% |
| Tree Nuts | $59.78 Million | 11,326 | $38.63 Million | 80% |
| Hides & Skins | $49.7 Million | --- | $70.79 Million | -1% |
| Essential Oils | $42.28 Million | 1,587 | $47.17 Million | -15% |
Data and Analysis
FAS Bangkok forecasts Thailand’s rice and corn production to increase in MY 2024/25 in response to improvement in average yield due to higher water supplies, compared to MY 2023/24.
Export prices rose 1-3 percent from the previous week as the Thai baht strengthened and exporters continued to secure the rice supplies to fulfill contract shipments.
Export prices of white and parboiled rice rose one percent from the previous week as exporters reportedly continued to secure the rice supplies to fulfill contract shipments.
Upcoming
All times in ET.
Feb 3
Feb 6
Trade Mission
Thailand - February 2025
Mar 12
Mar 14
Trade Show
|
USDA Endorsed
VIV Asia
Bangkok, Thailand
May 27
May 31
Trade Show
|
USDA Endorsed
THAIFEX ANUGA Asia
Bangkok, Thailand
News and Features
From September 9-13, the U.S. Department of Agriculture’s (USDA) Foreign Agricultural Service held a multi-city Agribusiness Trade Mission (ATM) in Vietnam. Under Secretary for Trade and Foreign Agricultural Affairs Alexis M. Taylor led one of the largest USDA trade missions, which included representatives from 33 U.S. businesses, 9 State Departments of Agriculture, and 23 USDA cooperators.
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.
U.S. Department of Agriculture Under Secretary for Trade and Foreign Agricultural Affairs Alexis M. Taylor arrived in Ho Chi Minh City today to launch a USDA-sponsored agribusiness trade mission.