2022
Exports
$361MWorld Rnk 10 / 145
Flag Rnk 143 / 1211
2022
PRODUCT COMPLEXITY IN Carboxylic Acids
0.82Rnk 239 / 1025
2022
Imports
$118MWorld Rnk 28 / 203
Flag Rnk 331 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $361M in Carboxylic Acids, making it the 10th largest exporter of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 143rd most exported product in Thailand. The main destination of Carboxylic Acids exports from Thailand are: United States ($177M), Netherlands ($54.1M), Spain ($24.1M), Japan ($16.9M), and China ($14.5M).

The fastest growing export markets for Carboxylic Acids of Thailand between 2021 and 2022 were Netherlands ($15.7M), Spain ($11.9M), and Japan ($6.27M).

Imports In 2022, Thailand imported $118M in Carboxylic Acids, becoming the 28th largest importer of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 331st most imported product in Thailand. Thailand imports Carboxylic Acids primarily from: China ($60.7M), Chinese Taipei ($9.95M), Japan ($9.23M), France ($4.95M), and South Korea ($4.48M).

The fastest growing import markets in Carboxylic Acids for Thailand between 2021 and 2022 were China ($10.8M), Japan ($2.24M), and United States ($933k).

COMPANIES In 2023, leading companies such as Samsung (31), Red Bull (23), and Linak (3) were at the forefront of shipping Carboxylic Acids from Thailand to the United States.

Latest Trends

Nov 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 Carboxylic Acids. 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)$361M
IMPORTS (2022)$118M
NET TRADE (2022)$243M

In 2022, Thailand exported $361M in Carboxylic Acids. The main destinations of Thailand exports on Carboxylic Acids were United States ($177M), Netherlands ($54.1M), Spain ($24.1M), Japan ($16.9M), and China ($14.5M).

In 2022, Thailand imported $118M in Carboxylic Acids, mainly from China ($60.7M), Chinese Taipei ($9.95M), Japan ($9.23M), France ($4.95M), and South Korea ($4.48M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carboxylic Acids EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Netherlands$15.7M (40.8%)
Spain$11.9M (97.3%)
Japan$6.27M (59%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carboxylic Acids BY Thailand WERE (2021 - 2022):
Poland-$1.69M (-70.6%)
Laos-$733k (-49.9%)
South Korea-$464k (-15.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Carboxylic Acids were:
China $5.45B
India $776M
In 2022, Thailand's main importing competitors in Carboxylic Acids were:

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Trade Value of Carboxylic Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $9.22M
TOP IMPORT POTENTIALChina+ $12.9M

Carboxylic Acids’s highest export potential is China. With an export gap of $9.22M.   Carboxylic Acids’s highest import potential is China with an import gap of $12.9M.

See methodology.

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