2022
Exports
$420MWorld Rnk 11 / 170
Flag Rnk 126 / 1211
2022
PRODUCT COMPLEXITY IN Cement
-1.46Rnk 943 / 1025
2022
Imports
$57.4MWorld Rnk 58 / 224
Flag Rnk 466 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $420M in Cement, making it the 11th largest exporter of Cement in the world. At the same year, Cement was the 126th most exported product in Thailand. The main destination of Cement exports from Thailand are: Bangladesh ($126M), Australia ($81.3M), Burma ($67M), Cambodia ($63.6M), and United States ($29.3M).

The fastest growing export markets for Cement of Thailand between 2021 and 2022 were Australia ($6.94M), Vietnam ($6.64M), and Laos ($1.71M).

Imports In 2022, Thailand imported $57.4M in Cement, becoming the 58th largest importer of Cement in the world. At the same year, Cement was the 466th most imported product in Thailand. Thailand imports Cement primarily from: Laos ($51.8M), China ($1.88M), Netherlands ($1.42M), Malaysia ($700k), and Croatia ($279k).

The fastest growing import markets in Cement for Thailand between 2021 and 2022 were China ($649k), Croatia ($69.1k), and Malaysia ($64.5k).

COMPANIES In 2023, leading companies such as IKEA Group (38) were at the forefront of shipping Cement from Thailand to the United States.

Latest Trends

Oct 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 Cement. 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)$420M
IMPORTS (2022)$57.4M
NET TRADE (2022)$363M

In 2022, Thailand exported $420M in Cement. The main destinations of Thailand exports on Cement were Bangladesh ($126M), Australia ($81.3M), Burma ($67M), Cambodia ($63.6M), and United States ($29.3M).

In 2022, Thailand imported $57.4M in Cement, mainly from Laos ($51.8M), China ($1.88M), Netherlands ($1.42M), Malaysia ($700k), and Croatia ($279k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cement EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Australia$6.94M (9.33%)
Vietnam$6.64M (170%)
Laos$1.71M (11.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cement BY Thailand WERE (2021 - 2022):
Burma-$30.9M (-31.5%)
United States-$24.9M (-46%)
China-$19.7M (-99.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Cement were:
In 2022, Thailand's main importing competitors in Cement were:

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Trade Value of Cement by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $17.4M
TOP IMPORT POTENTIALChina+ $1.49M

Cement’s highest export potential is United States. With an export gap of $17.4M.   Cement’s highest import potential is China with an import gap of $1.49M.

See methodology.

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