2022
Exports
$127MWorld Rnk 22 / 151
Flag Rnk 286 / 1211
2022
PRODUCT COMPLEXITY IN Milk
-0.0031Rnk 548 / 1025
2022
Imports
$16.4MWorld Rnk 65 / 221
Flag Rnk 747 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $127M in Milk, making it the 22nd largest exporter of Milk in the world. At the same year, Milk was the 286th most exported product in Thailand. The main destination of Milk exports from Thailand are: Cambodia ($44.9M), Singapore ($44.3M), Hong Kong ($26.6M), Laos ($3.42M), and Macau ($2.92M).

The fastest growing export markets for Milk of Thailand between 2021 and 2022 were Hong Kong ($4.5M), Macau ($585k), and Bangladesh ($65.7k).

Imports In 2022, Thailand imported $16.4M in Milk, becoming the 65th largest importer of Milk in the world. At the same year, Milk was the 747th most imported product in Thailand. Thailand imports Milk primarily from: New Zealand ($8.36M), Malaysia ($1.72M), France ($1.48M), Netherlands ($919k), and Australia ($830k).

The fastest growing import markets in Milk for Thailand between 2021 and 2022 were Netherlands ($766k), Australia ($524k), and Poland ($490k).

COMPANIES In 2023, leading companies such as TE Connectivity (1), Walong Marketing (1), and Wismettac Asian Foods (1) were at the forefront of shipping Milk from Thailand to the United States.

Latest Trends

Jul 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 Milk. 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)$127M
IMPORTS (2022)$16.4M
NET TRADE (2022)$110M

In 2022, Thailand exported $127M in Milk. The main destinations of Thailand exports on Milk were Cambodia ($44.9M), Singapore ($44.3M), Hong Kong ($26.6M), Laos ($3.42M), and Macau ($2.92M).

In 2022, Thailand imported $16.4M in Milk, mainly from New Zealand ($8.36M), Malaysia ($1.72M), France ($1.48M), Netherlands ($919k), and Australia ($830k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Milk EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Hong Kong$4.5M (20.4%)
Macau$585k (25.1%)
Bangladesh$65.7k (85.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Milk BY Thailand WERE (2021 - 2022):
Cambodia-$8.44M (-15.8%)
Singapore-$2.74M (-5.83%)
Indonesia-$1.89M (-74.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Milk were:
In 2022, Thailand's main importing competitors in Milk were:
Germany $2.03B
China $1.46B

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Trade Value of Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPhilippines+ $1.13M
TOP IMPORT POTENTIALGermany+ $846k

Milk’s highest export potential is Philippines. With an export gap of $1.13M.   Milk’s highest import potential is Germany with an import gap of $846k.

See methodology.

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