Bananas — Terms of trade in Thailand

Thailand: Bananas — Terms of trade was 168 % in 2024. ▲ Rising

Latest (2024)
168 %
Change on year
up 0.5%
World rank
20th
of 82 countries
All-time high
192.32 %
in 2021
All-time low
84.21 %
in 2012
Years of data
15
2010–2024

Bananas — Terms of trade in Thailand, 2010–2024

0501001502002010201720242010: 88.6 %2011: 102.4 %2012: 84.2 %2013: 92.9 %2014: 101.3 %2015: 94 %2016: 104.4 %2017: 120.4 %2018: 102.4 %2019: 149.1 %2020: 179.9 %2021: 192.3 %2022: 189.1 %2023: 167.2 %2024: 168 %

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

In 2024, bananas — terms of trade in Thailand stood at 168 %.

The figure is up 0.5% on the previous year and up 65.8% over ten years.

Over the whole period, bananas — terms of trade in Thailand peaked at 192.32 % in 2021 and was at its lowest, 84.21 %, in 2012.

That places Thailand 20th out of 82 countries with data for 2024, putting it in the top quarter.

The long-run direction has been consistently rising across the 15 years of available data.

Bananas — Terms of trade in Thailand, year by year

Annual values for Bananas — Terms of trade in Thailand, 2010 to 2024.
Year % Change
2010 88.6 %
2011 102.38 % +15.6%
2012 84.21 % -17.7%
2013 92.86 % +10.3%
2014 101.31 % +9.1%
2015 94.01 % -7.2%
2016 104.44 % +11.1%
2017 120.4 % +15.3%
2018 102.39 % -15.0%
2019 149.1 % +45.6%
2020 179.86 % +20.6%
2021 192.32 % +6.9%
2022 189.05 % -1.7%
2023 167.18 % -11.6%
2024 168 % +0.5%

Averages by decade

DecadeAverage LowestHighest Years
2010s 103.97 % 84.21 % 149.1 % 10
2020s 179.28 % 167.18 % 192.32 % 5

Countries ranked near Thailand

  1. 17 Cameroon 198.5 % compare
  2. 18 Saudi Arabia 182.02 % compare
  3. 19 United Arab Emirates 179.83 % compare
  4. 21 China, mainland 154.26 % compare
  5. 22 United Kingdom of Great Britain and Northern Ireland 152.13 % compare
  6. 23 Belgium 136.7 % compare

See the full ranking of 86 places →

More agriculture & rural data for Thailand

All data for Thailand →

Frequently asked questions

What is bananas — terms of trade in Thailand?
Bananas — terms of trade in Thailand was 168 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest bananas — terms of trade recorded in Thailand?
The highest recorded value was 192.32 % in 2021.
What is the lowest bananas — terms of trade recorded in Thailand?
The lowest recorded value was 84.21 % in 2012.
How does Thailand rank for bananas — terms of trade?
Thailand ranks 20th out of 82 countries with data for 2024.
Is bananas — terms of trade rising or falling in Thailand?
Over the last ten years it is up 65.8%. The long-run trend across the full record is rising.
Where does this Thailand data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Bananas — Terms of trade. Statizoid updates them automatically from the source API.

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Bananas — Terms of trade in Thailand. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 26 August 2026, from https://agriculture.statizoid.com/stat/bananas-terms-of-trade/thailand/

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About this data

Indicator
Bananas — Terms of trade
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
86 places, 1,143 data points, 2010–2024
Last refreshed

The food and agricultural trade indicators dataset is based on trade, production and gross domestic product (GDP) data. Agri-food trade data are collected, processed and disseminated by FAO according to the standard International Merchandise Trade Statistics (IMTS) Methodology. The data is mainly provided by UNSD, Eurostat, and other national authorities as needed. The source data is checked for outliers, trade partner data is used for non-reporting countries or missing cells, and data on food aid is added to take total cross-border trade flows into account. The trade database includes the following variables: export quantity, export value, import quantity, and import value. It includes all food and agricultural products imported/exported annually by all countries in the world. Production data details are available at https://www.fao.org/faostat/en/#data/QCL and GDP data details are available at https://www.fao.org/faostat/en/#data/MK