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
$1.49 Billion
Compound Average Growth
-2.7% (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 $236.15 Million 654,881 $185.04 Million 53%
Soybeans $151.79 Million 236,679 $387.17 Million -37%
Dairy Products $98.42 Million 49,688 $67.98 Million 38%
Other Feeds, Meals & Fodders $98.38 Million 81,240 $108.52 Million -7%
Cotton $92.74 Million 39,629 $170.91 Million -51%
Distillers Grains $84.85 Million 260,475 $120.37 Million 3%
Food Preparations $79.19 Million 2,529 $114.97 Million -14%
Tree Nuts $59.09 Million 11,226 $38.56 Million 78%
Hides & Skins $49.39 Million --- $70.76 Million -2%
Essential Oils $42.2 Million 1,578 $47.16 Million -16%

Access and Download Full Data

Data and Analysis

Attaché Report (GAIN)

Thailand: Rice Price - Weekly

Rice export prices further increased 1-5 percent due to the strengthening of the Thai baht and tighter domestic rice supplies.
Attaché Report (GAIN)

Thailand: Rice Price - Weekly

Rice export prices further increased 2-3 percent mainly due the strengthening of the Thai baht.
International Agricultural Trade Report

Opportunities for U.S. Agricultural Products in Vietnam and Thailand

Vietnam offers abundant opportunities for exporting consumer-oriented products, despite the challenges of recovering from the COVID-19 pandemic and dealing with high inflation. The Vietnamese economy is poised for significant expansion in the coming decades. With a burgeoning population and a growing middle class, Vietnamese consumers are becoming more discerning about the origin and composition of their food.

Upcoming

All times in ET.

News and Features

The U.S. Department of Agriculture’s Foreign Agricultural Service is accepting applications from current and potential U.S. exporters for a trade mission to Vietnam, Sept. 9-13, 2024. Participants will attend events in Ho Chi Minh City and Hanoi, and will also have the opportunity to engage with visiting buyers from Burma (Myanmar), Cambodia and Thailand.
Secretary Vilsack announced next steps in USDA's efforts to bolster U.S. agricultural trade, including the planned trade missions for 2024 and the opening of a public comment period for the new Regional Agricultural Promotion Program.
Leaders from three state agriculture departments and 29 U.S. agribusinesses and organizations will accompany U.S. Department of Agriculture Under Secretary Alexis M. Taylor on a trade mission to Southeast Asia October 30 – November 3 to expand export opportunities for U.S. food and farm products to the Association of Southeast Asian Nations (ASEAN), the world’s fourth-largest market.