2022
Exports
$1.19BWorld Rnk 39 / 210
Flag Rnk 36 / 96
2022
PRODUCT COMPLEXITY IN Inorganic chemicals
1.72Rnk 21 / 1025
2022
Imports
$3.67BWorld Rnk 17 / 225
Flag Rnk 15 / 96
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $1.19B in Inorganic chemicals, making it the 39th largest exporter of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 36th most exported product in Thailand. The main destination of Inorganic chemicals exports from Thailand are: Japan ($251M), Vietnam ($154M), Indonesia ($92.2M), United States ($81.7M), and Laos ($74M).

The fastest growing export markets for Inorganic chemicals of Thailand between 2021 and 2022 were Japan ($73.1M), Laos ($37.2M), and Vietnam ($28M).

Imports In 2022, Thailand imported $3.67B in Inorganic chemicals, becoming the 17th largest importer of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 15th most imported product in Thailand. Thailand imports Inorganic chemicals primarily from: China ($1.34B), Japan ($642M), Malaysia ($353M), United States ($160M), and Germany ($153M).

The fastest growing import markets in Inorganic chemicals for Thailand between 2021 and 2022 were China ($254M), Malaysia ($105M), and Brazil ($52M).

COMPANIES In 2023, leading companies such as Samsung (52), IKEA Group (19), and Stanley Black & Decker (17) were at the forefront of shipping Inorganic chemicals 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 Inorganic chemicals. 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)$1.19B
IMPORTS (2022)$3.67B
NET TRADE (2022)-$2.48B

In 2022, Thailand exported $1.19B in Inorganic chemicals. The main destinations of Thailand exports on Inorganic chemicals were Japan ($251M), Vietnam ($154M), Indonesia ($92.2M), United States ($81.7M), and Laos ($74M).

In 2022, Thailand imported $3.67B in Inorganic chemicals, mainly from China ($1.34B), Japan ($642M), Malaysia ($353M), United States ($160M), and Germany ($153M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inorganic chemicals EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Japan$73.1M (41%)
Laos$37.2M (101%)
Vietnam$28M (22.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inorganic chemicals BY Thailand WERE (2021 - 2022):
South Korea-$4.73M (-36.9%)
China-$3.26M (-4.3%)
Pakistan-$980k (-10.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Inorganic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $45.2M
TOP IMPORT POTENTIALIndia+ $32.4M

Inorganic chemicals’s highest export potential is China. With an export gap of $45.2M.   Inorganic chemicals’s highest import potential is India with an import gap of $32.4M.

See methodology.

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