Thailand
U.S. Trade with Thailand in 2021
Export Market Rank
#17 Among U.S. Agricultural Export Markets
Total Export Value
$1.79 Billion
3-Year Average
$1.88 Billion
Compound Average Growth
1.1% (2012-2021)
Total Export Value 2012 - 2021
Export Value by Commodity 2021
Top 10 Exports to Thailand in 2021
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Soybeans | $468.85 Million | 913,872 | $407.24 Million | 16% |
| Wheat | $188.62 Million | 626,744 | $172.56 Million | 4% |
| Other Feeds, Meals & Fodders | $130.75 Million | 124,221 | $107.56 Million | 54% |
| Food Preparations | $129.76 Million | 4,419 | $114.46 Million | 39% |
| Cotton | $123.69 Million | 62,720 | $182.7 Million | -28% |
| Distillers Grains | $94.25 Million | 355,494 | $119.99 Million | 51% |
| Dairy Products | $89.81 Million | 44,954 | $61.2 Million | 70% |
| Fish and Seafood | $86.24 Million | 27,400 | $87.21 Million | 17% |
| Hides & Skins | $77.92 Million | --- | $68.39 Million | 42% |
| Dextrins, Peptones, & Proteins | $65.02 Million | 7,152 | $44.53 Million | 92% |
Data and Analysis
Export prices decreased 1-2 percent due to the further weakening of the Thai baht.
FAS Bangkok forecasts that growth in chicken meat production and consumption will be 2-3 percent in 2022 and 2023. The anticipated slow recovery in domestic consumption and high production costs caused by supply disruption on feed grains and day-old chicks will keep the growth rate below the pre-pandemic average annual growth rate.
Rice export prices trend upward due to strong demand from foreign buyers.
Upcoming
All times in ET.
Oct 5
Oct 7
Trade Show
|
USDA Endorsed
Food Ingredients (Fi) Asia
Bangkok, Thailand
Nov 22
Tue
|
3:00 PM
Report Release
Sugar: World Markets and Trade
Mar 8
Mar 10
2023
Trade Show
|
USDA Endorsed
VIV Asia
Bangkok, Thailand
News and Features
September 21, 2022
News Release
Biden-Harris Administration Invests $178 Million in International Food for Progress Projects
USDA will invest $178 million in seven international development projects on four continents to support U.S. government priorities including promoting climate-smart agriculture, facilitating trade and addressing the root causes of migration in Central America.
Australia, Canada, Japan, New Zealand, the Republic of Korea, and the United States issued a joint statement following the conclusion of the 2022 APEC Food Security Ministers Meeting hosted by Thailand.
The U.S. Department of Agriculture is now accepting applications for the 2020 Borlaug International Agricultural Science and Technology Fellowship Program. The program offers training and collaborative research opportunities to early and mid-career...