2022
Exports
$42.1MWorld Rnk 20 / 123
Flag Rnk 472 / 1211
2022
PRODUCT COMPLEXITY IN Inorganic Salts
-0.39Rnk 671 / 1025
2022
Imports
$77.2MWorld Rnk 21 / 186
Flag Rnk 415 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $42.1M in Inorganic Salts, making it the 20th largest exporter of Inorganic Salts in the world. At the same year, Inorganic Salts was the 472nd most exported product in Thailand. The main destination of Inorganic Salts exports from Thailand are: Germany ($13.4M), Vietnam ($10.4M), Japan ($7.96M), India ($4.58M), and China ($2.19M).

The fastest growing export markets for Inorganic Salts of Thailand between 2021 and 2022 were Germany ($5.01M), China ($1.65M), and Singapore ($252k).

Imports In 2022, Thailand imported $77.2M in Inorganic Salts, becoming the 21st largest importer of Inorganic Salts in the world. At the same year, Inorganic Salts was the 415th most imported product in Thailand. Thailand imports Inorganic Salts primarily from: China ($36.3M), United States ($11.3M), Chinese Taipei ($8.41M), Brazil ($6.04M), and Japan ($5.08M).

The fastest growing import markets in Inorganic Salts for Thailand between 2021 and 2022 were China ($17.5M), Brazil ($5.51M), and United States ($4.68M).

Latest Trends

Sep 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 Salts. 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)$42.1M
IMPORTS (2022)$77.2M
NET TRADE (2022)-$35M

In 2022, Thailand exported $42.1M in Inorganic Salts. The main destinations of Thailand exports on Inorganic Salts were Germany ($13.4M), Vietnam ($10.4M), Japan ($7.96M), India ($4.58M), and China ($2.19M).

In 2022, Thailand imported $77.2M in Inorganic Salts, mainly from China ($36.3M), United States ($11.3M), Chinese Taipei ($8.41M), Brazil ($6.04M), and Japan ($5.08M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inorganic Salts EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Germany$5.01M (59.8%)
China$1.65M (309%)
Singapore$252k (1.79k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inorganic Salts BY Thailand WERE (2021 - 2022):
United States-$6.91M (-99.4%)
South Korea-$1.86M (-94.9%)
India-$344k (-6.97%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Inorganic Salts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $3.57M
TOP IMPORT POTENTIALChina+ $9.67M

Inorganic Salts’s highest export potential is Japan. With an export gap of $3.57M.   Inorganic Salts’s highest import potential is China with an import gap of $9.67M.

See methodology.

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