2022
Exports
$407kWorld Rnk 59 / 145
Flag Rnk 1045 / 1211
2022
PRODUCT COMPLEXITY IN Spice Seeds
-1.2Rnk 880 / 1025
2022
Imports
$12.7MWorld Rnk 26 / 216
Flag Rnk 793 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $407k in Spice Seeds, making it the 59th largest exporter of Spice Seeds in the world. At the same year, Spice Seeds was the 1045th most exported product in Thailand. The main destination of Spice Seeds exports from Thailand are: Italy ($69.9k), Burma ($54.3k), Norway ($36.3k), Nepal ($31.6k), and Vietnam ($22.5k).

The fastest growing export markets for Spice Seeds of Thailand between 2021 and 2022 were Italy ($69.9k), Nepal ($31.6k), and Vietnam ($20.2k).

Imports In 2022, Thailand imported $12.7M in Spice Seeds, becoming the 26th largest importer of Spice Seeds in the world. At the same year, Spice Seeds was the 793rd most imported product in Thailand. Thailand imports Spice Seeds primarily from: China ($4.24M), India ($2.26M), Vietnam ($1.45M), Italy ($1.36M), and United States ($931k).

The fastest growing import markets in Spice Seeds for Thailand between 2021 and 2022 were Bulgaria ($458k), India ($213k), and Malaysia ($204k).

COMPANIES In 2023, leading companies such as Sutong (5) were at the forefront of shipping Spice Seeds from Thailand to the United States.

Latest Trends

Sep 2024

Subnational Monthly Trade

View
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 Spice Seeds. 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)$407k
IMPORTS (2022)$12.7M
NET TRADE (2022)-$12.3M

In 2022, Thailand exported $407k in Spice Seeds. The main destinations of Thailand exports on Spice Seeds were Italy ($69.9k), Burma ($54.3k), Norway ($36.3k), Nepal ($31.6k), and Vietnam ($22.5k).

In 2022, Thailand imported $12.7M in Spice Seeds, mainly from China ($4.24M), India ($2.26M), Vietnam ($1.45M), Italy ($1.36M), and United States ($931k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spice Seeds EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Italy$69.9k (1%)
Nepal$31.6k (1%)
Vietnam$20.2k (887%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spice Seeds BY Thailand WERE (2021 - 2022):
Honduras-$54.1k (-100%)
China-$42.8k (-98.4%)
Mauritius-$17.1k (-43.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Thailand's main exporting competitors in Spice Seeds were:
India $618M
Vietnam $89.5M
China $84.7M
In 2022, Thailand's main importing competitors in Spice Seeds were:

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Trade Value of Spice Seeds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $33.4k
TOP IMPORT POTENTIALIndia+ $1.69M

Spice Seeds’s highest export potential is Malaysia. With an export gap of $33.4k.   Spice Seeds’s highest import potential is India with an import gap of $1.69M.

See methodology.

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