2022
Exports
$492MWorld Rnk 14 / 180
Flag Rnk 114 / 1211
2022
PRODUCT COMPLEXITY IN Malt Extract
0.015Rnk 542 / 1025
2022
Imports
$301MWorld Rnk 21 / 224
Flag Rnk 180 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $492M in Malt Extract, making it the 14th largest exporter of Malt Extract in the world. At the same year, Malt Extract was the 114th most exported product in Thailand. The main destination of Malt Extract exports from Thailand are: Malaysia ($145M), Vietnam ($78.3M), Burma ($43M), Indonesia ($41.5M), and India ($35.7M).

The fastest growing export markets for Malt Extract of Thailand between 2021 and 2022 were Malaysia ($10.6M), India ($10.1M), and Japan ($2.53M).

Imports In 2018, Thailand imported $301M in Malt Extract, becoming the 21st largest importer of Malt Extract in the world. At the same year, Malt Extract was the 180th most imported product in Thailand. Thailand imports Malt Extract primarily from: Singapore ($158M), Ireland ($28.1M), New Zealand ($27.3M), Malaysia ($20.6M), and China ($12.9M).

The fastest growing import markets in Malt Extract for Thailand between 2021 and 2022 were Denmark ($4.61M), United Kingdom ($4.46M), and China ($903k).

COMPANIES In 2023, leading companies such as American Omni Trading Company (577), IKEA Group (141), and Walong Marketing (1) were at the forefront of shipping Malt Extract 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 Malt Extract. 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)$492M
IMPORTS (2022)$301M
NET TRADE (2022)$191M

In 2022, Thailand exported $492M in Malt Extract. The main destinations of Thailand exports on Malt Extract were Malaysia ($145M), Vietnam ($78.3M), Burma ($43M), Indonesia ($41.5M), and India ($35.7M).

In 2022, Thailand imported $301M in Malt Extract, mainly from Singapore ($158M), Ireland ($28.1M), New Zealand ($27.3M), Malaysia ($20.6M), and China ($12.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Malt Extract EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Malaysia$10.6M (7.83%)
India$10.1M (39.3%)
Japan$2.53M (9.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Malt Extract BY Thailand WERE (2021 - 2022):
Indonesia-$12.1M (-22.5%)
Burma-$7.97M (-15.6%)
Angola-$5.66M (-90.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Malt Extract by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $16.3M
TOP IMPORT POTENTIALMalaysia+ $10.3M

Malt Extract’s highest export potential is China. With an export gap of $16.3M.   Malt Extract’s highest import potential is Malaysia with an import gap of $10.3M.

See methodology.

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