2022
Exports
$26.6MWorld Rnk 24 / 176
Flag Rnk 546 / 1211
2022
PRODUCT COMPLEXITY IN Honey
-1.08Rnk 851 / 1025
2022
Imports
$5.5MWorld Rnk 45 / 209
Flag Rnk 920 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

The fastest growing export markets for Honey of Thailand between 2021 and 2022 were United States ($2.99M), Australia ($2.56M), and Chinese Taipei ($2.3M).

Imports In 2022, Thailand imported $5.5M in Honey, becoming the 45th largest importer of Honey in the world. At the same year, Honey was the 920th most imported product in Thailand. Thailand imports Honey primarily from: Vietnam ($2.75M), China ($1.09M), Burma ($663k), Australia ($310k), and New Zealand ($194k).

The fastest growing import markets in Honey for Thailand between 2021 and 2022 were Vietnam ($1.32M), Switzerland ($77.5k), and United States ($35.2k).

COMPANIES In 2023, leading companies such as IKEA Group (23) were at the forefront of shipping Honey from Thailand to the United States.

Latest Trends

Sep 2024

Subnational Monthly Trade

View
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 Honey. 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)$26.6M
IMPORTS (2022)$5.5M
NET TRADE (2022)$21.1M

In 2022, Thailand imported $5.5M in Honey, mainly from Vietnam ($2.75M), China ($1.09M), Burma ($663k), Australia ($310k), and New Zealand ($194k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Honey EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
United States$2.99M (167%)
Australia$2.56M (779%)
Chinese Taipei$2.3M (37%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Honey BY Thailand WERE (2021 - 2022):
Indonesia-$1.74M (-39.6%)
Saudi Arabia-$1.45M (-88.8%)
Germany-$204k (-14.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Honey were:
In 2022, Thailand's main importing competitors in Honey were:

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Trade Value of Honey by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.86M
TOP IMPORT POTENTIALChina+ $585k

Honey’s highest export potential is United States. With an export gap of $1.86M.   Honey’s highest import potential is China with an import gap of $585k.

See methodology.

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