2022
Exports
$2.03BWorld Rnk 16 / 217
Flag Rnk 27 / 96
2022
PRODUCT COMPLEXITY IN Beverages, spirits, & vinegar
0.2Rnk 488 / 1025
2022
Imports
$504MWorld Rnk 49 / 225
Flag Rnk 60 / 96
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $2.03B in Beverages, spirits, & vinegar, making it the 16th largest exporter of Beverages, spirits, & vinegar in the world. At the same year, Beverages, spirits, & vinegar was the 27th most exported product in Thailand. The main destination of Beverages, spirits, & vinegar exports from Thailand are: Cambodia ($441M), Vietnam ($416M), Burma ($374M), United States ($110M), and Laos ($106M).

The fastest growing export markets for Beverages, spirits, & vinegar of Thailand between 2021 and 2022 were United States ($82.2M), Burma ($29.6M), and Malaysia ($20.6M).

Imports In 2022, Thailand imported $504M in Beverages, spirits, & vinegar, becoming the 49th largest importer of Beverages, spirits, & vinegar in the world. At the same year, Beverages, spirits, & vinegar was the 60th most imported product in Thailand. Thailand imports Beverages, spirits, & vinegar primarily from: France ($76M), Singapore ($65.1M), Australia ($50.9M), Malaysia ($43.3M), and United Kingdom ($40.2M).

The fastest growing import markets in Beverages, spirits, & vinegar for Thailand between 2021 and 2022 were France ($31.8M), Australia ($23.2M), and Singapore ($21.7M).

COMPANIES In 2023, leading companies such as Goya Foods (47), Walong Marketing (9), and Walmart (6) were at the forefront of shipping Beverages, spirits, & vinegar from Thailand to the United States.

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 Beverages, spirits, & vinegar. 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)$2.03B
IMPORTS (2022)$504M
NET TRADE (2022)$1.53B

In 2022, Thailand exported $2.03B in Beverages, spirits, & vinegar. The main destinations of Thailand exports on Beverages, spirits, & vinegar were Cambodia ($441M), Vietnam ($416M), Burma ($374M), United States ($110M), and Laos ($106M).

In 2022, Thailand imported $504M in Beverages, spirits, & vinegar, mainly from France ($76M), Singapore ($65.1M), Australia ($50.9M), Malaysia ($43.3M), and United Kingdom ($40.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Beverages, spirits, & vinegar EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
United States$82.2M (293%)
Burma$29.6M (8.57%)
Malaysia$20.6M (109%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Beverages, spirits, & vinegar BY Thailand WERE (2021 - 2022):
China-$116M (-53.1%)
Singapore-$5.11M (-7.29%)
Yemen-$3.69M (-46.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Beverages, spirits, & vinegar were:
France $22.4B
Italy $12.6B
Mexico $11.8B
In 2022, Thailand's main importing competitors in Beverages, spirits, & vinegar were:

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Trade Value of Beverages, spirits, & vinegar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $57.2M
TOP IMPORT POTENTIALFrance+ $16.5M

Beverages, spirits, & vinegar’s highest export potential is United States. With an export gap of $57.2M.   Beverages, spirits, & vinegar’s highest import potential is France with an import gap of $16.5M.

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