Reference
·Supporting source
Thailand hemp and CBD-product export value (2020-2024)
~USD 60-75M (2024)
Thailand's hemp and CBD-product export value (covering hemp seed, hemp oil, hemp protein, CBD isolates, and CBD-bearing consumer formulations under the <0.2% THC industrial-hemp threshold) reached approximately USD 60-75 million in 2024 per Thai Customs HS-code tracking, growing from a negligible base in 2020 as the regulatory pathway opened. Principal export destinations are Japan, the EU (Germany, Netherlands, Czech Republic), and the United States. The export segment is anchored by FDA-licensed contract manufacturers serving cosmetics, supplements, and food-ingredient buyers. SCG, Tipco, and several specialty hemp-fibre cooperatives feature on the licensed-producer roll; the Thai FDA Bureau of Cosmetics and Hazardous Substances Control supervises CBD-bearing finished goods.
Figure in context
Thailand's hemp and CBD-product export value (covering hemp seed, hemp oil, hemp protein, CBD isolates, and CBD-bearing consumer formulations under the <0.2% THC industrial-hemp threshold) reached approximately USD 60-75 million in 2024 per Thai Customs HS-code tracking, growing from a negligible base in 2020 as the regulatory pathway opened. Principal export destinations are Japan, the EU (Germany, Netherlands, Czech Republic), and the United States. The export segment is anchored by FDA-licensed contract manufacturers serving cosmetics, supplements, and food-ingredient buyers. SCG, Tipco, and several specialty hemp-fibre cooperatives feature on the licensed-producer roll; the Thai FDA Bureau of Cosmetics and Hazardous Substances Control supervises CBD-bearing finished goods.
Interpretation notes
What this tells you
Thailand's hemp and CBD-product export value (covering hemp seed, hemp oil, hemp protein, CBD isolates, and CBD-bearing consumer formulations under the <0.2% THC industrial-hemp threshold) reached approximately USD 60-75 million in 2024 per Thai Customs HS-code tracking, growing from a negligible base in 2020 as the regulatory pathway opened. Principal export destinations are Japan, the EU (Germany, Netherlands, Czech Republic), and the United States. The export segment is anchored by FDA-licensed contract manufacturers serving cosmetics, supplements, and food-ingredient buyers. SCG, Tipco, and several specialty hemp-fibre cooperatives feature on the licensed-producer roll; the Thai FDA Bureau of Cosmetics and Hazardous Substances Control supervises CBD-bearing finished goods.
What not to do with it
Values in USD million. Industrial hemp (<0.2% THC) and CBD-bearing finished goods combined.
Related figures
Adjacent numbers that add context without drowning the value.
Thailand licensed cannabis dispensary count (2022-2025)
Ministry of Public Health, FDA Thailand, Bangkok Post cannabis policy tracking
Thailand cannabis market size (2022-2025)
Prohibition Partners Asia Cannabis Report, University of the Thai Chamber of Commerce, Krungsri Research, SCB EIC
Thailand medical cannabis cultivation and processing licences
Thai FDA Narcotics Control Division, Ministry of Public Health Department of Thai Traditional and Alternative Medicine, Government Pharmaceutical Organization
ASEAN cannabis policy comparison (2024)
Prohibition Partners ASEAN Cannabis Report, ASEAN Ministerial Meeting on Drug Matters disclosures, regional cannabis policy trackers
Thailand cannabis policy timeline (2018-2024)
Royal Thai Government Gazette, Ministry of Public Health policy disclosures, Bangkok Post and Thai PBS legislative coverage
Surviving licensed dispensary share after rollback
Ministry of Public Health DTAM register, Thai Cannabis Future Network, Thai Industrial Hemp Trade Association
Report context
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