Rice — Terms of trade in Thailand

Thailand: Rice — Terms of trade was 12.71 % in 2024. ◆ Volatile

Latest (2024)
12.71 %
Change on year
up 63,450.0%
World rank
60th
of 66 countries
All-time high
4,239 %
in 2012
All-time low
0.02 %
in 2023
Years of data
12
2010–2024

Rice — Terms of trade in Thailand, 2010–2024

01.0k2.0k3.0k4.0k2010201720242010: 672.8 %2012: 4.2k %2013: 678.2 %2014: 17.8 %2015: 350.9 %2016: 166.3 %2017: 501.1 %2019: 2.5 %2020: 153 %2022: 0.03 %2023: 0.02 %2024: 12.7 %

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

Analysis

In 2024, rice — terms of trade in Thailand stood at 12.71 %.

Compared with earlier readings it is up 63,450.0% on the previous year and down 28.8% over ten years.

Over the whole period, rice — terms of trade in Thailand peaked at 4,239 % in 2012 and was at its lowest, 0.02 %, in 2023.

That places Thailand 60th out of 66 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Rice — Terms of trade in Thailand, year by year

Annual values for Rice — Terms of trade in Thailand, 2010 to 2024.
Year % Change
2010 672.83 %
2012 4,239 % +530.0%
2013 678.21 % -84.0%
2014 17.84 % -97.4%
2015 350.89 % +1866.9%
2016 166.31 % -52.6%
2017 501.09 % +201.3%
2019 2.45 % -99.5%
2020 153.04 % +6146.5%
2022 0.03 % -100.0%
2023 0.02 % -33.3%
2024 12.71 % +63450.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 828.56 % 2.45 % 4,239 % 8
2020s 41.45 % 0.02 % 153.04 % 4

Countries ranked near Thailand

  1. 57 Azerbaijan 20.67 % compare
  2. 58 Uganda 16.05 % compare
  3. 59 Colombia 14.46 % compare
  4. 61 Nicaragua 5.97 % compare
  5. 62 China, mainland 4.58 % compare
  6. 63 Latvia 4.44 % compare

See the full ranking of 72 places →

More agriculture & rural data for Thailand

All data for Thailand →

Frequently asked questions

What is rice — terms of trade in Thailand?
Rice — terms of trade in Thailand was 12.71 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest rice — terms of trade recorded in Thailand?
The highest recorded value was 4,239 % in 2012.
What is the lowest rice — terms of trade recorded in Thailand?
The lowest recorded value was 0.02 % in 2023.
How does Thailand rank for rice — terms of trade?
Thailand ranks 60th out of 66 countries with data for 2024.
Is rice — terms of trade rising or falling in Thailand?
Over the last ten years it is down 28.8%. The long-run trend across the full record is volatile.
Where does this Thailand data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Rice — Terms of trade. Statizoid updates them automatically from the source API.

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Rice — Terms of trade in Thailand. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 25 August 2026, from https://agriculture.statizoid.com/stat/rice-terms-of-trade/thailand/

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About this data

Indicator
Rice — Terms of trade
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
72 places, 978 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