2022
Exports | Imports
$13.5M | $243MWorld Rnk 39 / 141
Flag Rnk 1296 / 4436
World Rnk 11 / 213
Flag Rnk 202 / 4508
2022
ECONOMIC COMPLEXITY of Thailand
0.88Rnk 29 / 124

About

Exports In 2022, Thailand exported $13.5M in Milk Powder (<1.5% Fat), making it the 39th largest exporter of Milk Powder (<1.5% Fat) in the world. At the same year, Milk Powder (<1.5% Fat) was the 1296th most exported product in Thailand. The main destination of Milk Powder (<1.5% Fat) exports from Thailand are: Japan ($5.59M), Vietnam ($2.81M), Laos ($1.72M), Cambodia ($1.71M), and Burma ($1.2M).

The fastest growing export markets for Milk Powder (<1.5% Fat) of Thailand between 2021 and 2022 were Laos ($653k), Japan ($435k), and United Arab Emirates ($148k).

Imports In 2022, Thailand imported $243M in Milk Powder (<1.5% Fat), becoming the 11th largest importer of Milk Powder (<1.5% Fat) in the world. At the same year, Milk Powder (<1.5% Fat) was the 202nd most imported product in Thailand. Thailand imports Milk Powder (<1.5% Fat) primarily from: New Zealand ($93.3M), United States ($46M), Australia ($24M), Belgium ($22.7M), and Netherlands ($19M).

The fastest growing import markets in Milk Powder (<1.5% Fat) for Thailand between 2021 and 2022 were New Zealand ($23.2M), United States ($16.2M), and Belgium ($7.81M).

COMPANIES In 2023, leading companies such as SAMSUNG ELECTRONICS AMERICA (1.13M), LG ELECTRONICS U.S.A. INC. (503k), and IKEA SUPPLY AG (221k) were at the forefront of shipping Milk Powder (<1.5% Fat) from Thailand to the United States.

Latest Trends

Feb 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 Milk Powder (<1.5% Fat). 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)$13.5M
IMPORTS (2022)$243M
NET TRADE (2022)-$229M

In 2022, Thailand exported $13.5M in Milk Powder (<1.5% Fat). The main destinations of Thailand exports on Milk Powder (<1.5% Fat) were Japan ($5.59M), Vietnam ($2.81M), Laos ($1.72M), Cambodia ($1.71M), and Burma ($1.2M).

In 2022, Thailand imported $243M in Milk Powder (<1.5% Fat), mainly from New Zealand ($93.3M), United States ($46M), Australia ($24M), Belgium ($22.7M), and Netherlands ($19M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Milk Powder ( EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Laos$653k (61.5%)
Japan$435k (8.43%)
United Arab Emirates$148k (1.42k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Milk Powder ( BY Thailand WERE (2021 - 2022):
Vietnam-$5.04M (-64.2%)
Burma-$534k (-30.8%)
Cambodia-$125k (-6.84%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Milk Powder (
In 2022, Thailand's main importing competitors in Milk Powder (

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Trade Value of Milk Powder (<1.5% Fat) by Exporters

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