2022
Exports
$162MWorld Rnk 21 / 186
Flag Rnk 252 / 1211
2022
PRODUCT COMPLEXITY IN Coffee and Tea Extracts
-0.5Rnk 703 / 1025
2022
Imports
$159MWorld Rnk 18 / 221
Flag Rnk 276 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $162M in Coffee and Tea Extracts, making it the 21st largest exporter of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 252nd most exported product in Thailand. The main destination of Coffee and Tea Extracts exports from Thailand are: Cambodia ($29.7M), Laos ($21.1M), Australia ($16.7M), Burma ($15.1M), and Philippines ($13M).

The fastest growing export markets for Coffee and Tea Extracts of Thailand between 2021 and 2022 were Australia ($7.46M), Philippines ($5.35M), and Netherlands ($1.68M).

Imports In 2022, Thailand imported $159M in Coffee and Tea Extracts, becoming the 18th largest importer of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 276th most imported product in Thailand. Thailand imports Coffee and Tea Extracts primarily from: Malaysia ($86.1M), Vietnam ($13.7M), United States ($12.4M), South Korea ($8.04M), and Laos ($7.57M).

The fastest growing import markets in Coffee and Tea Extracts for Thailand between 2021 and 2022 were Malaysia ($4.8M), Vietnam ($2.7M), and Laos ($969k).

COMPANIES In 2023, leading companies such as Samsung (4), Stanley Black & Decker (2), and Cooper Lighting Solutions (2) were at the forefront of shipping Coffee and Tea Extracts from Thailand to the United States.

Latest Trends

Sep 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 Coffee and Tea Extracts. 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)$162M
IMPORTS (2022)$159M
NET TRADE (2022)$3.86M

In 2022, Thailand exported $162M in Coffee and Tea Extracts. The main destinations of Thailand exports on Coffee and Tea Extracts were Cambodia ($29.7M), Laos ($21.1M), Australia ($16.7M), Burma ($15.1M), and Philippines ($13M).

In 2022, Thailand imported $159M in Coffee and Tea Extracts, mainly from Malaysia ($86.1M), Vietnam ($13.7M), United States ($12.4M), South Korea ($8.04M), and Laos ($7.57M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coffee and Tea Extracts EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Australia$7.46M (81.2%)
Philippines$5.35M (70.2%)
Netherlands$1.68M (180%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coffee and Tea Extracts BY Thailand WERE (2021 - 2022):
Turkey-$7.42M (-49.9%)
Cambodia-$4.8M (-13.9%)
Burma-$4.01M (-21%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Coffee and Tea Extracts were:
In 2022, Thailand's main importing competitors in Coffee and Tea Extracts were:

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Trade Value of Coffee and Tea Extracts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.83M
TOP IMPORT POTENTIALVietnam+ $5.62M

Coffee and Tea Extracts’s highest export potential is China. With an export gap of $6.83M.   Coffee and Tea Extracts’s highest import potential is Vietnam with an import gap of $5.62M.

See methodology.

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