2022
Exports
$423MWorld Rnk 20 / 199
Flag Rnk 58 / 96
2022
PRODUCT COMPLEXITY IN Cotton
-0.55Rnk 715 / 1025
2022
Imports
$991MWorld Rnk 14 / 220
Flag Rnk 40 / 96
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $423M in Cotton, making it the 20th largest exporter of Cotton in the world. At the same year, Cotton was the 58th most exported product in Thailand. The main destination of Cotton exports from Thailand are: Burma ($82.7M), Bangladesh ($50.2M), Vietnam ($38.1M), Japan ($34.9M), and China ($33.1M).

The fastest growing export markets for Cotton of Thailand between 2021 and 2022 were Burma ($20.7M), Cambodia ($13.2M), and Vietnam ($5.7M).

Imports In 2022, Thailand imported $991M in Cotton, becoming the 14th largest importer of Cotton in the world. At the same year, Cotton was the 40th most imported product in Thailand. Thailand imports Cotton primarily from: China ($296M), Australia ($232M), United States ($155M), India ($91.4M), and Vietnam ($81.3M).

The fastest growing import markets in Cotton for Thailand between 2021 and 2022 were Australia ($145M), China ($83.9M), and Vietnam ($49.2M).

COMPANIES In 2023, leading companies such as Samsung (18), Linglong Tire (8), and Mahle Behr (3) were at the forefront of shipping Cotton 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 Cotton. 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)$423M
IMPORTS (2022)$991M
NET TRADE (2022)-$568M

In 2022, Thailand exported $423M in Cotton. The main destinations of Thailand exports on Cotton were Burma ($82.7M), Bangladesh ($50.2M), Vietnam ($38.1M), Japan ($34.9M), and China ($33.1M).

In 2022, Thailand imported $991M in Cotton, mainly from China ($296M), Australia ($232M), United States ($155M), India ($91.4M), and Vietnam ($81.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cotton EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Burma$20.7M (33.4%)
Cambodia$13.2M (79.1%)
Vietnam$5.7M (17.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cotton BY Thailand WERE (2021 - 2022):
South Korea-$23.8M (-58.3%)
Hong Kong-$4.52M (-29.3%)
Bangladesh-$4.3M (-7.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cotton by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $13.8M
TOP IMPORT POTENTIALIndia+ $41.4M

Cotton’s highest export potential is China. With an export gap of $13.8M.   Cotton’s highest import potential is India with an import gap of $41.4M.

See methodology.

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