2022
Exports
$206MWorld Rnk 17 / 195
Flag Rnk 213 / 1211
2022
PRODUCT COMPLEXITY IN Confectionery Sugar
-0.72Rnk 763 / 1025
2022
Imports
$127MWorld Rnk 26 / 224
Flag Rnk 317 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $206M in Confectionery Sugar, making it the 17th largest exporter of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 213th most exported product in Thailand. The main destination of Confectionery Sugar exports from Thailand are: United States ($50.5M), Burma ($18.7M), China ($15.4M), Laos ($11.2M), and Cambodia ($11.2M).

The fastest growing export markets for Confectionery Sugar of Thailand between 2021 and 2022 were United States ($5.89M), Burma ($4.41M), and Kuwait ($2.5M).

Imports In 2022, Thailand imported $127M in Confectionery Sugar, becoming the 26th largest importer of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 317th most imported product in Thailand. Thailand imports Confectionery Sugar primarily from: China ($57.6M), Indonesia ($26.6M), Vietnam ($13M), Malaysia ($5.04M), and Philippines ($4.9M).

The fastest growing import markets in Confectionery Sugar for Thailand between 2021 and 2022 were China ($17M), Indonesia ($4.2M), and Vietnam ($3.55M).

COMPANIES In 2023, leading companies such as Samsung (10), Continental Materials (4), and Tesla (4) were at the forefront of shipping Confectionery Sugar from Thailand to the United States.

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 Confectionery Sugar. 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)$206M
IMPORTS (2022)$127M
NET TRADE (2022)$79.3M

In 2022, Thailand exported $206M in Confectionery Sugar. The main destinations of Thailand exports on Confectionery Sugar were United States ($50.5M), Burma ($18.7M), China ($15.4M), Laos ($11.2M), and Cambodia ($11.2M).

In 2022, Thailand imported $127M in Confectionery Sugar, mainly from China ($57.6M), Indonesia ($26.6M), Vietnam ($13M), Malaysia ($5.04M), and Philippines ($4.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Confectionery Sugar EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
United States$5.89M (13.2%)
Burma$4.41M (30.9%)
Kuwait$2.5M (560%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Confectionery Sugar BY Thailand WERE (2021 - 2022):
Hong Kong-$3.16M (-29.6%)
South Africa-$2.27M (-59.8%)
Ghana-$651k (-56.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Confectionery Sugar were:
Germany $1.76B
China $1.38B
Mexico $1.12B
In 2022, Thailand's main importing competitors in Confectionery Sugar were:

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Trade Value of Confectionery Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $12.4M
TOP IMPORT POTENTIALTurkey+ $2.67M

Confectionery Sugar’s highest export potential is United States. With an export gap of $12.4M.   Confectionery Sugar’s highest import potential is Turkey with an import gap of $2.67M.

See methodology.

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