2023
Exports
$26.7MWorld Rnk 21 / 171
Flag Rnk 550 / 1212
2023
PRODUCT COMPLEXITY IN Honey
-1.23Rnk 883 / 1025
2023
Imports
$6.07MWorld Rnk 39 / 213
Flag Rnk 894 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $26.7M in Honey, making it the 21st largest exporter of Honey in the world. At the same year, Honey was the 550th most exported product in Thailand. The main destination of Honey exports from Thailand are: Chinese Taipei ($7.4M), United States ($5.55M), Australia ($2.85M), China ($2.19M), and Indonesia ($1.94M).

The fastest growing export markets for Honey of Thailand between 2022 and 2023 were Japan ($558k), China ($536k), and Austria ($321k).

Imports In 2023, Thailand imported $6.07M in Honey, becoming the 39th largest importer of Honey in the world. At the same year, Honey was the 894th most imported product in Thailand. Thailand imports Honey primarily from: Vietnam ($4.08M), China ($729k), Australia ($479k), New Zealand ($216k), and Germany ($177k).

The fastest growing import markets in Honey for Thailand between 2022 and 2023 were Vietnam ($1.37M), Australia ($110k), and Singapore ($18.5k).

COMPANIES In 2024, leading companies such as IKEA Group (19) and Robert Bosch (7) were at the forefront of shipping Honey from Thailand to the United States.

Latest Trends

Dec 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 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 (2023)$26.7M
IMPORTS (2023)$6.07M
NET TRADE (2023)$20.6M

In 2023, Thailand exported $26.7M in Honey. The main destinations of Thailand exports on Honey were Chinese Taipei ($7.4M), United States ($5.55M), Australia ($2.85M), China ($2.19M), and Indonesia ($1.94M).

In 2023, Thailand imported $6.07M in Honey, mainly from Vietnam ($4.08M), China ($729k), Australia ($479k), New Zealand ($216k), and Germany ($177k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Honey EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Japan$558k (108%)
China$536k (32.4%)
Austria$321k (141%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Honey BY Thailand WERE (2022 - 2023):
Chinese Taipei-$954k (-11.4%)
Indonesia-$795k (-29%)
Germany-$746k (-66.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Honey were:
In 2023, 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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