2022
Exports
$1.92BWorld Rnk 23 / 222
Flag Rnk 30 / 96
2022
PRODUCT COMPLEXITY IN Chemical products n.e.s.
1.97Rnk 6 / 1025
2022
Imports
$4.6BWorld Rnk 18 / 226
Flag Rnk 13 / 96
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $1.92B in Chemical products n.e.s., making it the 23rd largest exporter of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 30th most exported product in Thailand. The main destination of Chemical products n.e.s. exports from Thailand are: Japan ($539M), Vietnam ($208M), China ($196M), India ($163M), and Indonesia ($130M).

The fastest growing export markets for Chemical products n.e.s. of Thailand between 2021 and 2022 were United States ($66.9M), India ($54.6M), and Vietnam ($49.9M).

Imports In 2022, Thailand imported $4.6B in Chemical products n.e.s., becoming the 18th largest importer of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 13th most imported product in Thailand. Thailand imports Chemical products n.e.s. primarily from: China ($2.15B), Japan ($481M), Malaysia ($399M), United States ($273M), and Singapore ($268M).

The fastest growing import markets in Chemical products n.e.s. for Thailand between 2021 and 2022 were China ($330M), Malaysia ($96.1M), and Singapore ($22.7M).

COMPANIES In 2023, leading companies such as Pirelli Tires (8), NOURYON FUNCTIONAL CHEMICALS LLC (5), and IKEA Group (3) were at the forefront of shipping Chemical products n.e.s. 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 Chemical products n.e.s.. 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)$1.92B
IMPORTS (2022)$4.6B
NET TRADE (2022)-$2.68B

In 2022, Thailand exported $1.92B in Chemical products n.e.s.. The main destinations of Thailand exports on Chemical products n.e.s. were Japan ($539M), Vietnam ($208M), China ($196M), India ($163M), and Indonesia ($130M).

In 2022, Thailand imported $4.6B in Chemical products n.e.s., mainly from China ($2.15B), Japan ($481M), Malaysia ($399M), United States ($273M), and Singapore ($268M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chemical products n.e.s. EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
United States$66.9M (118%)
India$54.6M (50.6%)
Vietnam$49.9M (31.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical products n.e.s. BY Thailand WERE (2021 - 2022):
Japan-$154M (-22.3%)
Malaysia-$62.6M (-41.9%)
Singapore-$18M (-51.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Chemical products n.e.s. were:
In 2022, Thailand's main importing competitors in Chemical products n.e.s. were:

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Trade Value of Chemical products n.e.s. by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $149M
TOP IMPORT POTENTIALUnited States+ $97.5M

Chemical products n.e.s.’s highest export potential is China. With an export gap of $149M.   Chemical products n.e.s.’s highest import potential is United States with an import gap of $97.5M.

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