2022
Exports
$106MWorld Rnk 30 / 160
Flag Rnk 313 / 1211
2022
PRODUCT COMPLEXITY IN Corn
-1.16Rnk 869 / 1025
2022
Imports
$450MWorld Rnk 33 / 212
Flag Rnk 134 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $106M in Corn, making it the 30th largest exporter of Corn in the world. At the same year, Corn was the 313th most exported product in Thailand. The main destination of Corn exports from Thailand are: Pakistan ($30.4M), Burma ($17.9M), Vietnam ($15.4M), Ecuador ($8.45M), and Malaysia ($6.53M).

The fastest growing export markets for Corn of Thailand between 2021 and 2022 were Vietnam ($5.62M), Malaysia ($2.98M), and Burma ($2.9M).

Imports In 2022, Thailand imported $450M in Corn, becoming the 33rd largest importer of Corn in the world. At the same year, Corn was the 134th most imported product in Thailand. Thailand imports Corn primarily from: Burma ($408M), India ($26.5M), Cambodia ($5.9M), Laos ($2.94M), and South Africa ($2.94M).

The fastest growing import markets in Corn for Thailand between 2021 and 2022 were Burma ($35.5M), India ($22.6M), and Cambodia ($4.76M).

Latest Trends

Sep 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 (2022)$106M
IMPORTS (2022)$450M
NET TRADE (2022)-$343M

In 2022, Thailand exported $106M in Corn. The main destinations of Thailand exports on Corn were Pakistan ($30.4M), Burma ($17.9M), Vietnam ($15.4M), Ecuador ($8.45M), and Malaysia ($6.53M).

In 2022, Thailand imported $450M in Corn, mainly from Burma ($408M), India ($26.5M), Cambodia ($5.9M), Laos ($2.94M), and South Africa ($2.94M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Vietnam$5.62M (57.3%)
Malaysia$2.98M (83.9%)
Burma$2.9M (19.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Thailand WERE (2021 - 2022):
Philippines-$19.6M (-97.3%)
Indonesia-$11.1M (-89.8%)
Ecuador-$7.82M (-48.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Corn were:
In 2022, Thailand's main importing competitors in Corn were:
China $6.81B
Mexico $5.38B
Japan $5.12B

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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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