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Exports In 2022, Thailand exported $491 in Borax, making it the 61st largest exporter of Borax in the world. At the same year, Borax was the 1202nd most exported product in Thailand. The main destination of Borax exports from Thailand are: Germany ($413), South Korea ($77), and Singapore ($1).

The fastest growing export markets for Borax of Thailand between 2021 and 2022 were Germany ($413) and Singapore ($1).

Imports In 2022, Thailand imported $729k in Borax, becoming the 37th largest importer of Borax in the world. At the same year, Borax was the 1111th most imported product in Thailand. Thailand imports Borax primarily from: Malaysia ($583k), Turkey ($105k), Chile ($17.2k), South Korea ($13.9k), and Japan ($6.79k).

The fastest growing import markets in Borax for Thailand between 2021 and 2022 were Malaysia ($237k), Chile ($17.2k), and Turkey ($14.2k).

Latest Trends

Aug 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 Borax. 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)$491
IMPORTS (2022)$729k
NET TRADE (2022)-$728k

In 2022, Thailand exported $491 in Borax. The main destinations of Thailand exports on Borax were Germany ($413), South Korea ($77), and Singapore ($1).

In 2022, Thailand imported $729k in Borax, mainly from Malaysia ($583k), Turkey ($105k), Chile ($17.2k), South Korea ($13.9k), and Japan ($6.79k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Borax EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Germany$413 (1%)
Singapore$1 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Borax BY Thailand WERE (2021 - 2022):
Egypt-$49.5k (-100%)
Italy-$4.11k (-100%)
China-$1.14k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Borax were:
In 2022, Thailand's main importing competitors in Borax were:
China $121M
Brazil $70.4M
India $25.3M

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Trade Value of Borax by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $556
TOP IMPORT POTENTIALTurkey+ $88.7k

Borax’s highest export potential is China. With an export gap of $556.   Borax’s highest import potential is Turkey with an import gap of $88.7k.

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