HS Icon Petroleum Resins in  Flag Thailand

2021
Exports | Imports
: $153M | $176M, World Rnk 11 / 113
Flag Rnk 250 / 1209 | World Rnk 13 / 198
Flag Rnk 247 / 1208

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $5.78M | $14.9M, China |  Japan

2021
ECONOMIC COMPLEXITY of Thailand
: 0.97, Rnk 29 / 131

2021
PRODUCT COMPLEXITY IN Petroleum Resins
: 1.49, Rnk 53 / 1029

Exports In 2021, Thailand exported $153M in Petroleum Resins, making it the 11th largest exporter of Petroleum Resins in the world. At the same year, Petroleum Resins was the 250th most exported product in Thailand. The main destination of Petroleum Resins exports from Thailand are: China ($26.7M), India ($18.5M), South Korea ($15.2M), Brazil ($11M), and Australia ($10.4M).

The fastest growing export markets for Petroleum Resins of Thailand between 2020 and 2021 were China ($5.78M), Brazil ($4.73M), and South Korea ($4.24M).

Imports In 2021, Thailand imported $176M in Petroleum Resins, becoming the 13th largest importer of Petroleum Resins in the world. At the same year, Petroleum Resins was the 247th most imported product in Thailand. Thailand imports Petroleum Resins primarily from: Japan ($53.3M), China ($37.6M), Germany ($21.6M), South Korea ($19M), and United States ($16.6M).

The fastest growing import markets in Petroleum Resins for Thailand between 2020 and 2021 were Japan ($14.9M), South Korea ($8.37M), and Germany ($7.61M).

Tariffs In 2015, the average tariff for Thailand in Petroleum Resins was 1.89%. The countries with the highest import tariffs for Petroleum Resins were Botswana (Most Favoured Nation duty rate treatment, 2.5%), Cote d'Ivoire (Most Favoured Nation duty rate treatment, 2.5%), Cameroon (Most Favoured Nation duty rate treatment, 2.5%), Republic of the Congo (Most Favoured Nation duty rate treatment, 2.5%), and Cape Verde (Most Favoured Nation duty rate treatment, 2.5%).

Subnational Monthly Trade

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Y-AXIS SCALE

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The following visualization shows the latest trends on Petroleum Resins. 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

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EXPORTS (2021): $153M

IMPORTS (2021): $176M

NET TRADE (2021): -$22.7M

In 2021, Thailand exported $153M in Petroleum Resins. The main destinations of Thailand exports on Petroleum Resins were China ($26.7M), India ($18.5M), South Korea ($15.2M), Brazil ($11M), and Australia ($10.4M).

In 2021, Thailand imported $176M in Petroleum Resins, mainly from Japan ($53.3M), China ($37.6M), Germany ($21.6M), South Korea ($19M), and United States ($16.6M).

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THE FASTEST GROWING Petroleum Resins EXPORT MARKETS FOR Thailand WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Resins BY Thailand WERE (2020 - 2021):

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Market Concentration

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In 2021, Thailand's main exporting competitors in Petroleum Resins were:

In 2021, Thailand's main importing competitors in Petroleum Resins were:

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