2022
Exports
$1.16BWorld Rnk 9 / 203
Flag Rnk 38 / 96
2022
PRODUCT COMPLEXITY IN Glues, starches, & albuminoid products
1.14Rnk 119 / 1025
2022
Imports
$522MWorld Rnk 22 / 224
Flag Rnk 59 / 96
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $1.16B in Glues, starches, & albuminoid products, making it the 9th largest exporter of Glues, starches, & albuminoid products in the world. At the same year, Glues, starches, & albuminoid products was the 38th most exported product in Thailand. The main destination of Glues, starches, & albuminoid products exports from Thailand are: Japan ($300M), China ($229M), Indonesia ($101M), South Korea ($86.6M), and United States ($73.9M).

The fastest growing export markets for Glues, starches, & albuminoid products of Thailand between 2021 and 2022 were Japan ($28.7M), United States ($22.8M), and Indonesia ($14.8M).

Imports In 2022, Thailand imported $522M in Glues, starches, & albuminoid products, becoming the 22nd largest importer of Glues, starches, & albuminoid products in the world. At the same year, Glues, starches, & albuminoid products was the 59th most imported product in Thailand. Thailand imports Glues, starches, & albuminoid products primarily from: China ($152M), United States ($64.8M), Japan ($35.4M), New Zealand ($33.7M), and Germany ($24.4M).

The fastest growing import markets in Glues, starches, & albuminoid products for Thailand between 2021 and 2022 were New Zealand ($14.3M), Poland ($11.2M), and China ($5.44M).

COMPANIES In 2023, leading companies such as IKEA Group (45), Stanley Black & Decker (2), and Euromarket Designs (1) were at the forefront of shipping Glues, starches, & albuminoid products 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 Glues, starches, & albuminoid products. 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)$1.16B
IMPORTS (2022)$522M
NET TRADE (2022)$635M

In 2022, Thailand exported $1.16B in Glues, starches, & albuminoid products. The main destinations of Thailand exports on Glues, starches, & albuminoid products were Japan ($300M), China ($229M), Indonesia ($101M), South Korea ($86.6M), and United States ($73.9M).

In 2022, Thailand imported $522M in Glues, starches, & albuminoid products, mainly from China ($152M), United States ($64.8M), Japan ($35.4M), New Zealand ($33.7M), and Germany ($24.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glues, starches, & albuminoid products EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Japan$28.7M (10.6%)
United States$22.8M (44.6%)
Indonesia$14.8M (17.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glues, starches, & albuminoid products BY Thailand WERE (2021 - 2022):
Canada-$3.01M (-45.4%)
Portugal-$2.11M (-54.2%)
Chinese Taipei-$1.28M (-4.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Glues, starches, & albuminoid products were:
In 2022, Thailand's main importing competitors in Glues, starches, & albuminoid products were:

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Trade Value of Glues, starches, & albuminoid products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $11.5M
TOP IMPORT POTENTIALGermany+ $10.7M

Glues, starches, & albuminoid products’s highest export potential is India. With an export gap of $11.5M.   Glues, starches, & albuminoid products’s highest import potential is Germany with an import gap of $10.7M.

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