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2023
ExportsfalseWorld Rnk 98 / 135
Flag Rnk 1159 / 1212
2022 - 2023
FASTEST GROWING MARKET $9.42kSweden
2023
PRODUCT COMPLEXITY IN Wheat-0.28Rnk 640 / 1025
2023
Origin $310M Australia
2022 - 2023
FASTEST GROWING ORIGIN $310MAustralia
2023
ECONOMIC COMPLEXITY of Thailand0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $34.9k in Wheat, making it the 98th largest exporter of Wheat in the world. At the same year, Wheat was the 1159th most exported product in Thailand. The main destination of Wheat exports from Thailand are: Sweden ($28.7k), Maldives ($5.31k), India ($313), Bulgaria ($153), and Cambodia ($116).

The fastest growing export markets for Wheat of Thailand between 2022 and 2023 were Sweden ($9.42k), India ($313), and Bulgaria ($153).

The fastest growing import markets in Wheat for Thailand between 2022 and 2023 were Australia ($310M), Bulgaria ($114M), and Canada ($44.9M).

COMPANIES In 2024, leading companies such as IKEA Group (27) and Samsung (4) were at the forefront of shipping Wheat 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 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 (2023)$34.9k

In 2023, Thailand exported $34.9k in Wheat. The main destinations of Thailand exports on Wheat were Sweden ($28.7k), Maldives ($5.31k), India ($313), Bulgaria ($153), and Cambodia ($116).

In N/A, Thailand imported N/A in Wheat, mainly from Australia ($575M), United States ($276M), Canada ($116M), Bulgaria ($114M), and Romania ($43.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wheat EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Sweden$9.42k (48.8%)
India$313 (1%)
Bulgaria$153 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY Thailand WERE (2022 - 2023):
United Kingdom-$33.5k (-100%)
United States-$1.2k (-100%)
Japan-$782 (-94.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Wheat were:
Russia $11B
Australia $9.7B
Canada $9.09B
In 2023, Thailand's main importing competitors in Wheat were:
Egypt $4B
China $3.55B
Indonesia $3.49B

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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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