2022
Exports | Imports
$4.29B | $8.86MWorld Rnk 2 / 176
Flag Rnk 13 / 1211
World Rnk 149 / 221
Flag Rnk 861 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.88Rnk 29 / 124
2022
PRODUCT COMPLEXITY IN Rice
-1.98Rnk 995 / 1025

About

Exports In 2022, Thailand exported $4.29B in Rice, making it the 2nd largest exporter of Rice in the world. At the same year, Rice was the 13th most exported product in Thailand. The main destination of Rice exports from Thailand are: Iraq ($658M), United States ($652M), China ($389M), South Africa ($348M), and Hong Kong ($146M).

The fastest growing export markets for Rice of Thailand between 2021 and 2022 were Iraq ($545M), United States ($100M), and China ($62.6M).

Imports In 2022, Thailand imported $8.86M in Rice, becoming the 149th largest importer of Rice in the world. At the same year, Rice was the 861st most imported product in Thailand. Thailand imports Rice primarily from: Japan ($2.01M), India ($1.84M), Vietnam ($1.7M), Pakistan ($1.48M), and Thailand ($649k).

The fastest growing import markets in Rice for Thailand between 2021 and 2022 were Japan ($514k), Vietnam ($478k), and Italy ($62.1k).

COMPANIES In 2023, leading companies such as WALONG MARKETING INC. (8.97k), IKEA SUPPLY AG (8.51k), and RIVIANA FOODS INC (4.18k) were at the forefront of shipping Rice from Thailand to the United States.

Latest Trends

Feb 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 Rice. 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)$4.29B
IMPORTS (2022)$8.86M
NET TRADE (2022)$4.29B

In 2022, Thailand exported $4.29B in Rice. The main destinations of Thailand exports on Rice were Iraq ($658M), United States ($652M), China ($389M), South Africa ($348M), and Hong Kong ($146M).

In 2022, Thailand imported $8.86M in Rice, mainly from Japan ($2.01M), India ($1.84M), Vietnam ($1.7M), Pakistan ($1.48M), and Thailand ($649k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Iraq$545M (480%)
United States$100M (18.2%)
China$62.6M (19.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Thailand WERE (2021 - 2022):
Cote d'Ivoire-$69.7M (-75.6%)
Ghana-$28.6M (-53.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Rice were:
India $11.1B
Vietnam $3.18B
In 2022, Thailand's main importing competitors in Rice were:

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Trade Value of Rice by Exporters

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