2023
Exports
$58.3MWorld Rnk 29 / 188
Flag Rnk 412 / 1212
2023
PRODUCT COMPLEXITY IN Wine
-1.07Rnk 849 / 1025
2023
Imports
$135MWorld Rnk 37 / 226
Flag Rnk 296 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $58.3M in Wine, making it the 29th largest exporter of Wine in the world. At the same year, Wine was the 412th most exported product in Thailand. The main destination of Wine exports from Thailand are: Burma ($30.4M), Cambodia ($13.6M), China ($4.15M), Hong Kong ($1.77M), and India ($1.77M).

The fastest growing export markets for Wine of Thailand between 2022 and 2023 were China ($3.27M), Cambodia ($981k), and India ($779k).

Imports In 2023, Thailand imported $135M in Wine, becoming the 37th largest importer of Wine in the world. At the same year, Wine was the 296th most imported product in Thailand. Thailand imports Wine primarily from: France ($41.3M), Australia ($31.1M), Italy ($15.4M), United States ($11.3M), and Chile ($9.61M).

The fastest growing import markets in Wine for Thailand between 2022 and 2023 were Singapore ($7.36M), Malaysia ($5.48M), and United States ($1.03M).

COMPANIES In 2024, leading companies such as Samsung (2) were at the forefront of shipping Wine 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 Wine. 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)$58.3M
IMPORTS (2023)$135M
NET TRADE (2023)-$76.2M

In 2023, Thailand exported $58.3M in Wine. The main destinations of Thailand exports on Wine were Burma ($30.4M), Cambodia ($13.6M), China ($4.15M), Hong Kong ($1.77M), and India ($1.77M).

In 2023, Thailand imported $135M in Wine, mainly from France ($41.3M), Australia ($31.1M), Italy ($15.4M), United States ($11.3M), and Chile ($9.61M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wine EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
China$3.27M (374%)
Cambodia$981k (7.78%)
India$779k (79%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wine BY Thailand WERE (2022 - 2023):
Burma-$7.91M (-20.7%)
Laos-$6.56M (-91.7%)
Malaysia-$222k (-59.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Wine were:
France $13.6B
Italy $8.73B
Spain $3.78B
In 2023, Thailand's main importing competitors in Wine were:

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Trade Value of Wine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.25M
TOP IMPORT POTENTIALItaly+ $8.43M

Wine’s highest export potential is China. With an export gap of $2.25M.   Wine’s highest import potential is Italy with an import gap of $8.43M.

See methodology.

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