2022
Exports
$3.22BWorld Rnk 3 / 171
Flag Rnk 18 / 1211
2022
PRODUCT COMPLEXITY IN Raw Sugar
-1.78Rnk 979 / 1025
2022
Imports
$65.2MWorld Rnk 95 / 224
Flag Rnk 444 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $3.22B in Raw Sugar, making it the 3rd largest exporter of Raw Sugar in the world. At the same year, Raw Sugar was the 18th most exported product in Thailand. The main destination of Raw Sugar exports from Thailand are: Indonesia ($1.03B), South Korea ($345M), Cambodia ($304M), Laos ($250M), and Philippines ($217M).

The fastest growing export markets for Raw Sugar of Thailand between 2021 and 2022 were Indonesia ($606M), South Korea ($217M), and Laos ($181M).

Imports In 2022, Thailand imported $65.2M in Raw Sugar, becoming the 95th largest importer of Raw Sugar in the world. At the same year, Raw Sugar was the 444th most imported product in Thailand. Thailand imports Raw Sugar primarily from: India ($61.8M), Burma ($1.11M), China ($429k), Thailand ($415k), and United Arab Emirates ($346k).

The fastest growing import markets in Raw Sugar for Thailand between 2021 and 2022 were India ($33.4M), Burma ($1.11M), and Thailand ($306k).

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 Raw Sugar. 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)$3.22B
IMPORTS (2022)$65.2M
NET TRADE (2022)$3.16B

In 2022, Thailand exported $3.22B in Raw Sugar. The main destinations of Thailand exports on Raw Sugar were Indonesia ($1.03B), South Korea ($345M), Cambodia ($304M), Laos ($250M), and Philippines ($217M).

In 2022, Thailand imported $65.2M in Raw Sugar, mainly from India ($61.8M), Burma ($1.11M), China ($429k), Thailand ($415k), and United Arab Emirates ($346k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Sugar EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Indonesia$606M (141%)
South Korea$217M (169%)
Laos$181M (262%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Sugar BY Thailand WERE (2021 - 2022):
Vietnam-$87M (-60.6%)
Japan-$3.42M (-6.23%)
Sri Lanka-$2.64M (-18.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Raw Sugar were:
Brazil $11.5B
India $6.03B
In 2022, Thailand's main importing competitors in Raw Sugar were:

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Trade Value of Raw Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $86.7M
TOP IMPORT POTENTIALIndia+ $10.5M

Raw Sugar’s highest export potential is China. With an export gap of $86.7M.   Raw Sugar’s highest import potential is India with an import gap of $10.5M.

See methodology.

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