2023
Exports
$120MWorld Rnk 27 / 158
Flag Rnk 282 / 1212
2023
PRODUCT COMPLEXITY IN Corn
-1.03Rnk 838 / 1025
2023
Imports
$489MWorld Rnk 26 / 216
Flag Rnk 113 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $120M in Corn, making it the 27th largest exporter of Corn in the world. At the same year, Corn was the 282nd most exported product in Thailand. The main destination of Corn exports from Thailand are: Pakistan ($31.7M), Burma ($25.2M), Vietnam ($17M), Ecuador ($6.72M), and Sri Lanka ($5.48M).

The fastest growing export markets for Corn of Thailand between 2022 and 2023 were Burma ($5.91M), Sri Lanka ($4.27M), and Laos ($1.09M).

Imports In 2023, Thailand imported $489M in Corn, becoming the 26th largest importer of Corn in the world. At the same year, Corn was the 113th most imported product in Thailand. Thailand imports Corn primarily from: Burma ($437M), Laos ($25.9M), India ($12.2M), Cambodia ($5.95M), and South Africa ($3.45M).

The fastest growing import markets in Corn for Thailand between 2022 and 2023 were Laos ($22.4M), Burma ($12.8M), and United States ($1.19M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Corn. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$120M
IMPORTS (2023)$489M
NET TRADE (2023)-$369M

In 2023, Thailand exported $120M in Corn. The main destinations of Thailand exports on Corn were Pakistan ($31.7M), Burma ($25.2M), Vietnam ($17M), Ecuador ($6.72M), and Sri Lanka ($5.48M).

In 2023, Thailand imported $489M in Corn, mainly from Burma ($437M), Laos ($25.9M), India ($12.2M), Cambodia ($5.95M), and South Africa ($3.45M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Burma$5.91M (30.7%)
Sri Lanka$4.27M (350%)
Laos$1.09M (33%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Thailand WERE (2022 - 2023):
Malaysia-$6.22M (-83.5%)
Pakistan-$5.37M (-14.5%)
Ecuador-$1.7M (-20.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Corn were:
In 2023, Thailand's main importing competitors in Corn were:
China $7.56B
Japan $4.52B

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Trade Value of Corn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $7.57M
TOP IMPORT POTENTIALIndia+ $14.9M

Corn’s highest export potential is Vietnam. With an export gap of $7.57M.   Corn’s highest import potential is India with an import gap of $14.9M.

See methodology.

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