2022
Exports
$710MWorld Rnk 26 / 217
Flag Rnk 51 / 96
2022
PRODUCT COMPLEXITY IN Paints, dyes, & varnishes
1.08Rnk 144 / 1025
2022
Imports
$1.43BWorld Rnk 20 / 225
Flag Rnk 24 / 96
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $710M in Paints, dyes, & varnishes, making it the 26th largest exporter of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 51st most exported product in Thailand. The main destination of Paints, dyes, & varnishes exports from Thailand are: China ($78.2M), Vietnam ($69.4M), Burma ($62.6M), Indonesia ($59.5M), and India ($56.9M).

The fastest growing export markets for Paints, dyes, & varnishes of Thailand between 2021 and 2022 were Burma ($22.9M), Philippines ($7.46M), and Vietnam ($7.1M).

Imports In 2022, Thailand imported $1.43B in Paints, dyes, & varnishes, becoming the 20th largest importer of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 24th most imported product in Thailand. Thailand imports Paints, dyes, & varnishes primarily from: China ($356M), Japan ($248M), India ($96.2M), United States ($95.6M), and Chinese Taipei ($89.5M).

The fastest growing import markets in Paints, dyes, & varnishes for Thailand between 2021 and 2022 were Germany ($10M), Mexico ($6.1M), and Netherlands ($5.81M).

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 Paints, dyes, & varnishes. 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)$710M
IMPORTS (2022)$1.43B
NET TRADE (2022)-$719M

In 2022, Thailand exported $710M in Paints, dyes, & varnishes. The main destinations of Thailand exports on Paints, dyes, & varnishes were China ($78.2M), Vietnam ($69.4M), Burma ($62.6M), Indonesia ($59.5M), and India ($56.9M).

In 2022, Thailand imported $1.43B in Paints, dyes, & varnishes, mainly from China ($356M), Japan ($248M), India ($96.2M), United States ($95.6M), and Chinese Taipei ($89.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Paints, dyes, & varnishes EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Burma$22.9M (57.6%)
Philippines$7.46M (17.2%)
Vietnam$7.1M (11.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paints, dyes, & varnishes BY Thailand WERE (2021 - 2022):
China-$8.34M (-9.64%)
Indonesia-$4.22M (-6.63%)
Australia-$4.04M (-21.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Paints, dyes, & varnishes were:
In 2022, Thailand's main importing competitors in Paints, dyes, & varnishes were:

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Trade Value of Paints, dyes, & varnishes by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $38.1M
TOP IMPORT POTENTIALChina+ $41.3M

Paints, dyes, & varnishes’s highest export potential is China. With an export gap of $38.1M.   Paints, dyes, & varnishes’s highest import potential is China with an import gap of $41.3M.

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