2022
Exports
$541kWorld Rnk 64 / 135
Flag Rnk 1020 / 1211
2022
PRODUCT COMPLEXITY IN Asphalt
-0.09Rnk 576 / 1025
2022
Imports
$11.8MWorld Rnk 44 / 213
Flag Rnk 806 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $541k in Asphalt, making it the 64th largest exporter of Asphalt in the world. At the same year, Asphalt was the 1020th most exported product in Thailand. The main destination of Asphalt exports from Thailand are: Philippines ($160k), Laos ($79.1k), Burma ($78k), Cambodia ($50k), and Vietnam ($42.8k).

The fastest growing export markets for Asphalt of Thailand between 2021 and 2022 were Philippines ($88.3k), Burma ($44.7k), and Malaysia ($22.6k).

Imports In 2022, Thailand imported $11.8M in Asphalt, becoming the 44th largest importer of Asphalt in the world. At the same year, Asphalt was the 806th most imported product in Thailand. Thailand imports Asphalt primarily from: China ($3.67M), South Korea ($3.1M), Russia ($2.03M), Italy ($707k), and Malaysia ($522k).

The fastest growing import markets in Asphalt for Thailand between 2021 and 2022 were China ($1.58M), South Korea ($855k), and Singapore ($239k).

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 Asphalt. 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)$541k
IMPORTS (2022)$11.8M
NET TRADE (2022)-$11.2M

In 2022, Thailand exported $541k in Asphalt. The main destinations of Thailand exports on Asphalt were Philippines ($160k), Laos ($79.1k), Burma ($78k), Cambodia ($50k), and Vietnam ($42.8k).

In 2022, Thailand imported $11.8M in Asphalt, mainly from China ($3.67M), South Korea ($3.1M), Russia ($2.03M), Italy ($707k), and Malaysia ($522k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Asphalt EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Philippines$88.3k (124%)
Burma$44.7k (134%)
Malaysia$22.6k (144%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asphalt BY Thailand WERE (2021 - 2022):
Russia-$206k (-100%)
Chinese Taipei-$27.1k (-100%)
Cambodia-$22.5k (-31%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Asphalt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $50.8k
TOP IMPORT POTENTIALUnited States+ $526k

Asphalt’s highest export potential is United States. With an export gap of $50.8k.   Asphalt’s highest import potential is United States with an import gap of $526k.

See methodology.

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