Thailand Food Export 2026 Market Overview & Trends

Thailand's export value reached a peak of $40.38 billion in 2024, representing consistent growth since 2020. While the total quantity exported saw a sharp decline in 2024 to 22.7 billion units compared to 36 billion in 2023, the record-high value suggests a significant increase in unit pricing and a shift toward higher-value food categories.

In 2024, China solidified its position as the top destination for Thai food exports, with a value of $10.13 billion. The United States remains a critical secondary market at $4.76 billion. Regional demand in Japan, Indonesia, and Cambodia further supports a diversified export base, though China's market share remains the primary driver of total export revenue.

Market expansion is most aggressive in Australia and Vietnam, posting growth rates of 20.0% and 19.3% respectively. The United States also shows robust growth at 18.9%. In contrast, traditional markets like Japan experienced a marginal decline (-1.5%), indicating a shift in momentum toward emerging regional partners and Oceania.

IR 64 rice is the leading export product, generating $5.66 billion in 2024. Kiwi fruit follows closely at $4.41 billion. The inclusion of value-added products like dog treats ($2.68B) and canned tuna ($2.49B) highlights Thailand's versatility in catering to both essential food security needs and the growing global pet care and convenience sectors.