2022
Exports
$26.3MWorld Rnk 25 / 179
Flag Rnk 552 / 1211
2022
PRODUCT COMPLEXITY IN Candles
0.33Rnk 433 / 1025
2022
Imports
$41.9MWorld Rnk 26 / 219
Flag Rnk 544 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $26.3M in Candles, making it the 25th largest exporter of Candles in the world. At the same year, Candles was the 552nd most exported product in Thailand. The main destination of Candles exports from Thailand are: United States ($18.8M), Burma ($2.02M), Cambodia ($879k), Laos ($406k), and South Korea ($381k).

The fastest growing export markets for Candles of Thailand between 2021 and 2022 were Burma ($756k), South Korea ($340k), and Cambodia ($219k).

Imports In 2022, Thailand imported $41.9M in Candles, becoming the 26th largest importer of Candles in the world. At the same year, Candles was the 544th most imported product in Thailand. Thailand imports Candles primarily from: China ($37.4M), United States ($2.19M), Canada ($704k), France ($552k), and United Kingdom ($151k).

The fastest growing import markets in Candles for Thailand between 2021 and 2022 were China ($33.4M), United States ($309k), and Canada ($167k).

COMPANIES In 2023, leading companies such as At Home Procurement (1) were at the forefront of shipping Candles 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 Candles. 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)$26.3M
IMPORTS (2022)$41.9M
NET TRADE (2022)-$15.6M

In 2022, Thailand exported $26.3M in Candles. The main destinations of Thailand exports on Candles were United States ($18.8M), Burma ($2.02M), Cambodia ($879k), Laos ($406k), and South Korea ($381k).

In 2022, Thailand imported $41.9M in Candles, mainly from China ($37.4M), United States ($2.19M), Canada ($704k), France ($552k), and United Kingdom ($151k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Candles EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Burma$756k (60.1%)
South Korea$340k (829%)
Cambodia$219k (33.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Candles BY Thailand WERE (2021 - 2022):
United States-$13.7M (-42.1%)
United Kingdom-$394k (-73.2%)
United Arab Emirates-$67.4k (-34.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Candles were:
China $1.27B
In 2022, Thailand's main importing competitors in Candles were:

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Trade Value of Candles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $905k
TOP IMPORT POTENTIALUnited States+ $768k

Candles’s highest export potential is United States. With an export gap of $905k.   Candles’s highest import potential is United States with an import gap of $768k.

See methodology.

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