Silicone in Thailand | The Observatory of Economic Complexity

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Exports In 2022, Thailand exported $341M in Silicone, making it the 9th largest exporter of Silicone in the world. At the same year, Silicone was the 149th most exported product in Thailand. The main destination of Silicone exports from Thailand are: United States ($60.5M), China ($51.3M), Netherlands ($42.3M), South Korea ($31.6M), and India ($24.7M).

The fastest growing export markets for Silicone of Thailand between 2021 and 2022 were United States ($26.1M), Netherlands ($13M), and India ($12.5M).

Imports In 2022, Thailand imported $217M in Silicone, becoming the 17th largest importer of Silicone in the world. At the same year, Silicone was the 227th most imported product in Thailand. Thailand imports Silicone primarily from: Japan ($76.3M), China ($63.4M), United States ($19.6M), South Korea ($14.9M), and Germany ($14.6M).

The fastest growing import markets in Silicone for Thailand between 2021 and 2022 were Japan ($26.5M), China ($10.8M), and South Korea ($3.19M).

COMPANIES In 2023, leading companies such as POLYPLEX USA LLC (360) and IKEA SUPPLY AG (296) were at the forefront of shipping Silicone from Thailand to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Silicone. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

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Trade Value

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Year

EXPORTS (2022)$341M

IMPORTS (2022)$217M

NET TRADE (2022)$125M

In 2022, Thailand exported $341M in Silicone. The main destinations of Thailand exports on Silicone were United States ($60.5M), China ($51.3M), Netherlands ($42.3M), South Korea ($31.6M), and India ($24.7M).

In 2022, Thailand imported $217M in Silicone, mainly from Japan ($76.3M), China ($63.4M), United States ($19.6M), South Korea ($14.9M), and Germany ($14.6M).

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