Wheat — Terms of trade in Thailand
Thailand: Wheat — Terms of trade was 218.23 % in 2024. ◆ Volatile
Wheat — Terms of trade in Thailand, 2010–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
In 2024, wheat — terms of trade in Thailand stood at 218.23 %.
That represents a change of up 61.3% on the previous year and up 39.1% over ten years.
Over the whole period, wheat — terms of trade in Thailand peaked at 238.07 % in 2012 and was at its lowest, 22.1 %, in 2013.
That places Thailand 7th out of 80 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Wheat — Terms of trade in Thailand, year by year
| Year | % | Change |
|---|---|---|
| 2010 | 24.58 % | — |
| 2011 | 134.65 % | +447.8% |
| 2012 | 238.07 % | +76.8% |
| 2013 | 22.1 % | -90.7% |
| 2014 | 156.89 % | +609.9% |
| 2015 | 28.06 % | -82.1% |
| 2016 | 102.53 % | +265.4% |
| 2017 | 196.65 % | +91.8% |
| 2018 | 79.34 % | -59.7% |
| 2019 | 129.02 % | +62.6% |
| 2020 | 199.95 % | +55.0% |
| 2021 | 177.4 % | -11.3% |
| 2022 | 62.03 % | -65.0% |
| 2023 | 135.26 % | +118.1% |
| 2024 | 218.23 % | +61.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 111.19 % | 22.1 % | 238.07 % | 10 |
| 2020s | 158.57 % | 62.03 % | 218.23 % | 5 |
Countries ranked near Thailand
More agriculture & rural data for Thailand
- Agriculture, forestry, and fishing, value added (current US$), annual 7.21 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0875 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 704.7 current US$ per person (2025)
- Rural population, annual growth rate -2.51 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.372 units per person (2025)
- Agriculture share gdp 8.75 (2025)
- Value added in the agricultural sector as of gdp vs gdp per capita 8.75 (2025)
- Agricultural raw materials exports 4.0% (2024)
- Agricultural raw materials imports 1.3% (2024)
Frequently asked questions
- What is wheat — terms of trade in Thailand?
- Wheat — terms of trade in Thailand was 218.23 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest wheat — terms of trade recorded in Thailand?
- The highest recorded value was 238.07 % in 2012.
- What is the lowest wheat — terms of trade recorded in Thailand?
- The lowest recorded value was 22.1 % in 2013.
- How does Thailand rank for wheat — terms of trade?
- Thailand ranks 7th out of 80 countries with data for 2024.
- Is wheat — terms of trade rising or falling in Thailand?
- Over the last ten years it is up 39.1%. 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 Wheat — Terms of trade. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
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