2022
Exports
$82.1MWorld Rnk 54 / 199
Flag Rnk 82 / 96
2022
PRODUCT COMPLEXITY IN Cocoa & cocoa preparations
0.14Rnk 508 / 1025
2022
Imports
$235MWorld Rnk 45 / 225
Flag Rnk 71 / 96
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $82.1M in Cocoa & cocoa preparations, making it the 54th largest exporter of Cocoa & cocoa preparations in the world. At the same year, Cocoa & cocoa preparations was the 82nd most exported product in Thailand. The main destination of Cocoa & cocoa preparations exports from Thailand are: Japan ($26.7M), Burma ($9.77M), United States ($7.35M), Malaysia ($5.53M), and China ($5.29M).

The fastest growing export markets for Cocoa & cocoa preparations of Thailand between 2021 and 2022 were Japan ($11.5M), Burma ($3.34M), and United States ($2.93M).

Imports In 2022, Thailand imported $235M in Cocoa & cocoa preparations, becoming the 45th largest importer of Cocoa & cocoa preparations in the world. At the same year, Cocoa & cocoa preparations was the 71st most imported product in Thailand. Thailand imports Cocoa & cocoa preparations primarily from: Malaysia ($81.5M), Indonesia ($27.5M), United States ($22.5M), China ($20.4M), and Singapore ($15.6M).

The fastest growing import markets in Cocoa & cocoa preparations for Thailand between 2021 and 2022 were Malaysia ($10.7M), China ($4.57M), and Indonesia ($4.21M).

COMPANIES In 2023, leading companies such as Samsung (113), LG Electronics (7), and Loblaws Supermarkets (4) were at the forefront of shipping Cocoa & cocoa preparations 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 Cocoa & cocoa preparations. 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)$82.1M
IMPORTS (2022)$235M
NET TRADE (2022)-$153M

In 2022, Thailand exported $82.1M in Cocoa & cocoa preparations. The main destinations of Thailand exports on Cocoa & cocoa preparations were Japan ($26.7M), Burma ($9.77M), United States ($7.35M), Malaysia ($5.53M), and China ($5.29M).

In 2022, Thailand imported $235M in Cocoa & cocoa preparations, mainly from Malaysia ($81.5M), Indonesia ($27.5M), United States ($22.5M), China ($20.4M), and Singapore ($15.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa & cocoa preparations EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Japan$11.5M (75.2%)
Burma$3.34M (51.8%)
United States$2.93M (66.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa & cocoa preparations BY Thailand WERE (2021 - 2022):
Spain-$31.8k (-55.7%)
Egypt-$27.6k (-85.5%)
Bahrain-$25.7k (-49%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Cocoa & cocoa preparations were:
In 2022, Thailand's main importing competitors in Cocoa & cocoa preparations were:

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Trade Value of Cocoa & cocoa preparations by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.11M
TOP IMPORT POTENTIALGermany+ $7.14M

Cocoa & cocoa preparations’s highest export potential is United States. With an export gap of $8.11M.   Cocoa & cocoa preparations’s highest import potential is Germany with an import gap of $7.14M.

See methodology.

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