2022
Exports
$3.94BWorld Rnk 3 / 201
Flag Rnk 14 / 96
2022
PRODUCT COMPLEXITY IN Sugars & confectioneries
-0.11Rnk 587 / 1025
2022
Imports
$358MWorld Rnk 44 / 224
Flag Rnk 69 / 96
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $3.94B in Sugars & confectioneries, making it the 3rd largest exporter of Sugars & confectioneries in the world. At the same year, Sugars & confectioneries was the 14th most exported product in Thailand. The main destination of Sugars & confectioneries exports from Thailand are: Indonesia ($1.04B), China ($534M), South Korea ($356M), Cambodia ($319M), and Laos ($262M).

The fastest growing export markets for Sugars & confectioneries of Thailand between 2021 and 2022 were Indonesia ($604M), China ($264M), and South Korea ($221M).

Imports In 2022, Thailand imported $358M in Sugars & confectioneries, becoming the 44th largest importer of Sugars & confectioneries in the world. At the same year, Sugars & confectioneries was the 69th most imported product in Thailand. Thailand imports Sugars & confectioneries primarily from: China ($135M), India ($74M), Indonesia ($34.9M), United States ($25.2M), and Vietnam ($13M).

The fastest growing import markets in Sugars & confectioneries for Thailand between 2021 and 2022 were China ($31.9M), Vietnam ($3.55M), and Netherlands ($2.32M).

COMPANIES In 2023, leading companies such as Walong Marketing (13), Samsung (12), and Cooper Lighting Solutions (10) were at the forefront of shipping Sugars & confectioneries from Thailand to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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 Sugars & confectioneries. 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

Color
EXPORTS (2022)$3.94B
IMPORTS (2022)$358M
NET TRADE (2022)$3.58B

In 2022, Thailand exported $3.94B in Sugars & confectioneries. The main destinations of Thailand exports on Sugars & confectioneries were Indonesia ($1.04B), China ($534M), South Korea ($356M), Cambodia ($319M), and Laos ($262M).

In 2022, Thailand imported $358M in Sugars & confectioneries, mainly from China ($135M), India ($74M), Indonesia ($34.9M), United States ($25.2M), and Vietnam ($13M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Sugars & confectioneries EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Indonesia$604M (140%)
China$264M (98%)
South Korea$221M (164%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sugars & confectioneries BY Thailand WERE (2021 - 2022):
Vietnam-$84.9M (-55.9%)
Thailand-$2.79M (-64.9%)
Sri Lanka-$2.64M (-18.5%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Sugars & confectioneries were:
Brazil $11.7B
India $6.72B
In 2022, Thailand's main importing competitors in Sugars & confectioneries were:

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Trade Value of Sugars & confectioneries by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $44.5M
TOP IMPORT POTENTIALIndia+ $16.1M

Sugars & confectioneries’s highest export potential is United States. With an export gap of $44.5M.   Sugars & confectioneries’s highest import potential is India with an import gap of $16.1M.

See methodology.

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