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Exports In 2022, Thailand exported $513k in Turpentine, making it the 41st largest exporter of Turpentine in the world. At the same year, Turpentine was the 1025th most exported product in Thailand. The main destination of Turpentine exports from Thailand are: United States ($355k), Laos ($41.5k), Maldives ($31k), Cambodia ($16.6k), and Malaysia ($15k).

The fastest growing export markets for Turpentine of Thailand between 2021 and 2022 were United States ($336k), Maldives ($30.9k), and Laos ($17.1k).

Imports In 2022, Thailand imported $443k in Turpentine, becoming the 57th largest importer of Turpentine in the world. At the same year, Turpentine was the 1132nd most imported product in Thailand. Thailand imports Turpentine primarily from: China ($295k), United States ($78.2k), Chinese Taipei ($45k), Singapore ($9.24k), and Japan ($6.59k).

The fastest growing import markets in Turpentine for Thailand between 2021 and 2022 were United States ($49.1k), Chinese Taipei ($16.8k), and India ($5.16k).

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 Turpentine. 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)$513k
IMPORTS (2022)$443k
NET TRADE (2022)$70.3k

In 2022, Thailand exported $513k in Turpentine. The main destinations of Thailand exports on Turpentine were United States ($355k), Laos ($41.5k), Maldives ($31k), Cambodia ($16.6k), and Malaysia ($15k).

In 2022, Thailand imported $443k in Turpentine, mainly from China ($295k), United States ($78.2k), Chinese Taipei ($45k), Singapore ($9.24k), and Japan ($6.59k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Turpentine EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
United States$336k (1.73k%)
Maldives$30.9k (48.3k%)
Laos$17.1k (70%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Turpentine BY Thailand WERE (2021 - 2022):
Papua New Guinea-$15.5k (-100%)
Vietnam-$5.84k (-53%)
Azerbaijan-$5.13k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Turpentine were:
In 2022, Thailand's main importing competitors in Turpentine were:

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Trade Value of Turpentine by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $54.2k
TOP IMPORT POTENTIALUnited States+ $33.8k

Turpentine’s highest export potential is United States. With an export gap of $54.2k.   Turpentine’s highest import potential is United States with an import gap of $33.8k.

See methodology.

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