2023
Exports
$188MWorld Rnk 13 / 111
Flag Rnk 224 / 1212
2023
PRODUCT COMPLEXITY IN Carbon
0.3Rnk 457 / 1025
2023
Imports
$471MWorld Rnk 2 / 173
Flag Rnk 117 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $188M in Carbon, making it the 13th largest exporter of Carbon in the world. At the same year, Carbon was the 224th most exported product in Thailand. The main destination of Carbon exports from Thailand are: Japan ($58M), Vietnam ($32.7M), Philippines ($22.3M), Indonesia ($19.6M), and Malaysia ($16.6M).

The fastest growing export markets for Carbon of Thailand between 2022 and 2023 were Vietnam ($18.9M), United States ($4.86M), and Philippines ($3.04M).

Imports In 2023, Thailand imported $471M in Carbon, becoming the 2nd largest importer of Carbon in the world. At the same year, Carbon was the 117th most imported product in Thailand. Thailand imports Carbon primarily from: China ($237M), South Korea ($69.5M), India ($50.5M), Russia ($38.4M), and Japan ($29.4M).

The fastest growing import markets in Carbon for Thailand between 2022 and 2023 were Russia ($37.1M), India ($20.5M), and South Korea ($10M).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Carbon. 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 (2023)$188M
IMPORTS (2023)$471M
NET TRADE (2023)-$284M

In 2023, Thailand exported $188M in Carbon. The main destinations of Thailand exports on Carbon were Japan ($58M), Vietnam ($32.7M), Philippines ($22.3M), Indonesia ($19.6M), and Malaysia ($16.6M).

In 2023, Thailand imported $471M in Carbon, mainly from China ($237M), South Korea ($69.5M), India ($50.5M), Russia ($38.4M), and Japan ($29.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Carbon EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Vietnam$18.9M (137%)
United States$4.86M (386%)
Philippines$3.04M (15.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carbon BY Thailand WERE (2022 - 2023):
Malaysia-$7.17M (-30.1%)
Japan-$5.49M (-8.65%)
Germany-$4.67M (-99.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Thailand's main exporting competitors in Carbon were:
China $1.15B
In 2023, Thailand's main importing competitors in Carbon were:
China $494M

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Trade Value of Carbon by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.87M
TOP IMPORT POTENTIALIndia+ $9.05M

Carbon’s highest export potential is China. With an export gap of $6.87M.   Carbon’s highest import potential is India with an import gap of $9.05M.

See methodology.

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