Exports In 2022, Thailand exported $704M in Pharmaceutical products, making it the 44th largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 52nd most exported product in Thailand. The main destination of Pharmaceutical products exports from Thailand are: Vietnam ($109M), Burma ($94M), Cambodia ($74.9M), Japan ($47.4M), and Philippines ($42M).
The fastest growing export markets for Pharmaceutical products of Thailand between 2021 and 2022 were Malaysia ($13.1M), United States ($10.2M), and Cambodia ($9.47M).
Imports In 2022, Thailand imported $3.07B in Pharmaceutical products, becoming the 38th largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 16th most imported product in Thailand. Thailand imports Pharmaceutical products primarily from: Germany ($582M), United States ($385M), Belgium ($313M), India ($196M), and Switzerland ($187M).
The fastest growing import markets in Pharmaceutical products for Thailand between 2021 and 2022 were United States ($100M), Sweden ($97.2M), and Germany ($84.6M).
COMPANIES In 2023, leading companies such as LG Electronics (3) and L'Oreal (1) were at the forefront of shipping Pharmaceutical products from Thailand to the United States.