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
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.
Rice export prices dropped 1-3 percent from the previous week as the weakening of the Thai baht and the new crop MY 2024/25 paddy rice entered the market.
The Thai government has made significant progress in addressing food security and climate change challenges by advancing its biotechnology regulatory landscape. Recognizing the benefits of genome editing technology as a key driver for enhancing the competitiveness and value of the agricultural sector, Thailand has taken a major step forward.
Upcoming
All times in ET.
Feb 3
Feb 6
2025
Trade Mission
Thailand - February 2025
Mar 12
Mar 14
2025
Trade Show
|
USDA Endorsed
VIV Asia
Bangkok, Thailand
May 27
May 31
2025
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.