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Exports In 2022, Thailand exported $14.3M in Animal Extracts, making it the 8th largest exporter of Animal Extracts in the world. At the same year, Animal Extracts was the 646th most exported product in Thailand. The main destination of Animal Extracts exports from Thailand are: Japan ($4.72M), Hong Kong ($3.46M), Philippines ($2.05M), Burma ($1.62M), and United Kingdom ($555k).

The fastest growing export markets for Animal Extracts of Thailand between 2021 and 2022 were United Kingdom ($419k), Japan ($124k), and China ($59.4k).

Imports In 2022, Thailand imported $980k in Animal Extracts, becoming the 36th largest importer of Animal Extracts in the world. At the same year, Animal Extracts was the 1091st most imported product in Thailand. Thailand imports Animal Extracts primarily from: Japan ($351k), Malaysia ($254k), New Zealand ($97.1k), South Korea ($76.4k), and Spain ($45.3k).

The fastest growing import markets in Animal Extracts for Thailand between 2021 and 2022 were Malaysia ($121k), Spain ($42.6k), and Indonesia ($30.6k).

Latest Trends

Sep 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 Animal Extracts. 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)$14.3M
IMPORTS (2022)$980k
NET TRADE (2022)$13.3M

In 2022, Thailand exported $14.3M in Animal Extracts. The main destinations of Thailand exports on Animal Extracts were Japan ($4.72M), Hong Kong ($3.46M), Philippines ($2.05M), Burma ($1.62M), and United Kingdom ($555k).

In 2022, Thailand imported $980k in Animal Extracts, mainly from Japan ($351k), Malaysia ($254k), New Zealand ($97.1k), South Korea ($76.4k), and Spain ($45.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Extracts EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
United Kingdom$419k (309%)
Japan$124k (2.71%)
China$59.4k (110%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Extracts BY Thailand WERE (2021 - 2022):
Burma-$1.45M (-47.2%)
Vietnam-$934k (-78.2%)
South Korea-$684k (-57.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
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In 2022, Thailand's main exporting competitors in Animal Extracts were:
In 2022, Thailand's main importing competitors in Animal Extracts were:

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Trade Value of Animal Extracts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSouth Korea+ $152k
TOP IMPORT POTENTIALMalaysia+ $59.8k

Animal Extracts’s highest export potential is South Korea. With an export gap of $152k.   Animal Extracts’s highest import potential is Malaysia with an import gap of $59.8k.

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