Thailand

Infographic showing U.S. agricultural trade with Thailand in 2019

In 2019, Thailand was the 14th largest destination for U.S. agricultural exports, which totaled $1.8 billion, a 14 percent decrease from 2018. The United States was Thailand’s top supplier of agricultural goods with 16 percent market share, followed by China with 14 percent. Thailand’s free trade agreements with China, Australia, New Zealand, Chile, Japan, Korea, Peru, and India have made U.S. products less competitive especially for high value consumer products such as meats, processed meat, wine, spirits, cherries, peaches, plums, pears, frozen potatoes, and cheeses. The largest export growth was seen in dairy products and tree nuts, up $22 million and $9 million, respectively. Additionally, increases in exports of fresh fruits, chocolate & cocoa products, and prepared food were up $6 million, $5 million, and $4 million, respectively. Exports of distillers’ grains were down by $85 million. Exports of soybean meal, soybeans, and hides & skins were down $71 million, $69 million, and $61 million, respectively.

More information from the 2019 U.S. Agricultural Export Yearbook

Data & Analysis

October 23, 2020
Rice export prices further declined 4-6 percent as new crop rice supplies are entering the market.
October 16, 2020
Rice export prices further declined 3-6 percent as new crop rice supplies began entering the market.
October 16, 2020
This report contains information about Thailand’s food service industry.
October 13, 2020
Thailand announced a ban on online alcohol sales on September 8, 2020.