2022
Exports
$2.65MWorld Rnk 63 / 148
Flag Rnk 882 / 1211
2022
PRODUCT COMPLEXITY IN Butter
0.015Rnk 543 / 1025
2022
Imports
$91MWorld Rnk 30 / 220
Flag Rnk 384 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $2.65M in Butter, making it the 63rd largest exporter of Butter in the world. At the same year, Butter was the 882nd most exported product in Thailand. The main destination of Butter exports from Thailand are: Philippines ($797k), Burma ($701k), Laos ($370k), Vietnam ($272k), and Cambodia ($259k).

The fastest growing export markets for Butter of Thailand between 2021 and 2022 were Burma ($429k), Philippines ($301k), and Vietnam ($151k).

Imports In 2022, Thailand imported $91M in Butter, becoming the 30th largest importer of Butter in the world. At the same year, Butter was the 384th most imported product in Thailand. Thailand imports Butter primarily from: New Zealand ($57.6M), Australia ($18.2M), France ($7.72M), India ($2.67M), and Ireland ($1.14M).

The fastest growing import markets in Butter for Thailand between 2021 and 2022 were Australia ($7.71M), New Zealand ($6.95M), and Ireland ($1.14M).

COMPANIES In 2023, leading companies such as American Omni Trading Company (2) and Wismettac Asian Foods (1) were at the forefront of shipping Butter 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 Butter. 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)$2.65M
IMPORTS (2022)$91M
NET TRADE (2022)-$88.3M

In 2022, Thailand exported $2.65M in Butter. The main destinations of Thailand exports on Butter were Philippines ($797k), Burma ($701k), Laos ($370k), Vietnam ($272k), and Cambodia ($259k).

In 2022, Thailand imported $91M in Butter, mainly from New Zealand ($57.6M), Australia ($18.2M), France ($7.72M), India ($2.67M), and Ireland ($1.14M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Butter EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Burma$429k (158%)
Philippines$301k (60.6%)
Vietnam$151k (126%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Butter BY Thailand WERE (2021 - 2022):
Chinese Taipei-$92k (-30.5%)
Maldives-$8.84k (-78.5%)
France-$1.64k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPhilippines+ $179k
TOP IMPORT POTENTIALIndia+ $2.21M

Butter’s highest export potential is Philippines. With an export gap of $179k.   Butter’s highest import potential is India with an import gap of $2.21M.

See methodology.

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