2022
Exports
$57.5kWorld Rnk 90 / 133
Flag Rnk 1143 / 1211
2022
PRODUCT COMPLEXITY IN Wheat
-0.42Rnk 677 / 1025
2022
Imports
$711MWorld Rnk 29 / 194
Flag Rnk 84 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $57.5k in Wheat, making it the 90th largest exporter of Wheat in the world. At the same year, Wheat was the 1143rd most exported product in Thailand. The main destination of Wheat exports from Thailand are: United Kingdom ($30.5k), Sweden ($19.2k), Maldives ($5.48k), United States ($1.13k), and Japan ($786).

The fastest growing export markets for Wheat of Thailand between 2021 and 2022 were United Kingdom ($30.5k), Maldives ($5.3k), and United States ($1.13k).

Imports In 2022, Thailand imported $711M in Wheat, becoming the 29th largest importer of Wheat in the world. At the same year, Wheat was the 84th most imported product in Thailand. Thailand imports Wheat primarily from: Australia ($310M), United States ($233M), Canada ($92.4M), India ($73.4M), and Ukraine ($1.92M).

The fastest growing import markets in Wheat for Thailand between 2021 and 2022 were India ($70.4M), Canada ($45.2M), and United States ($39.5M).

COMPANIES In 2023, leading companies such as IKEA Group (16) were at the forefront of shipping Wheat from Thailand to the United States.

Latest Trends

Oct 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 Wheat. 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)$57.5k
IMPORTS (2022)$711M
NET TRADE (2022)-$711M

In 2022, Thailand exported $57.5k in Wheat. The main destinations of Thailand exports on Wheat were United Kingdom ($30.5k), Sweden ($19.2k), Maldives ($5.48k), United States ($1.13k), and Japan ($786).

In 2022, Thailand imported $711M in Wheat, mainly from Australia ($310M), United States ($233M), Canada ($92.4M), India ($73.4M), and Ukraine ($1.92M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wheat EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
United Kingdom$30.5k (1%)
Maldives$5.3k (2.82k%)
United States$1.13k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY Thailand WERE (2021 - 2022):
Sweden-$15.1k (-44%)
South Africa-$2.22k (-100%)
Vietnam-$672 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Wheat were:
In 2022, Thailand's main importing competitors in Wheat were:
Egypt $4.82B
China $4.52B

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Trade Value of Wheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $31.3k
TOP IMPORT POTENTIALIndia+ $29.2M

Wheat’s highest export potential is United Kingdom. With an export gap of $31.3k.   Wheat’s highest import potential is India with an import gap of $29.2M.

See methodology.

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