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2022
Exports $7.03MWorld Rnk 23 / 109
Flag Rnk 766 / 1211
2022
Destination $1.4M Malaysia
2021 - 2022
FASTEST GROWING MARKET $1.4MMalaysia
2022
PRODUCT COMPLEXITY IN Nitrites and Nitrates-0.15Rnk 597 / 1025
2022
Imports $34MWorld Rnk 19 / 183
Flag Rnk 580 / 1210
2022
Origin $7.87M Israel
2021 - 2022
FASTEST GROWING ORIGIN $7.87MIsrael
2022
ECONOMIC COMPLEXITY of Thailand0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $7.03M in Nitrites and Nitrates, making it the 23rd largest exporter of Nitrites and Nitrates in the world. At the same year, Nitrites and Nitrates was the 766th most exported product in Thailand. The main destination of Nitrites and Nitrates exports from Thailand are: Malaysia ($3.3M), Vietnam ($2.07M), Japan ($807k), Philippines ($334k), and Australia ($250k).

The fastest growing export markets for Nitrites and Nitrates of Thailand between 2021 and 2022 were Malaysia ($1.4M), Japan ($421k), and Australia ($91.4k).

Imports In 2022, Thailand imported $34M in Nitrites and Nitrates, becoming the 19th largest importer of Nitrites and Nitrates in the world. At the same year, Nitrites and Nitrates was the 580th most imported product in Thailand. Thailand imports Nitrites and Nitrates primarily from: Israel ($13.4M), China ($6.74M), Malaysia ($5.69M), Chile ($2.31M), and India ($1.15M).

The fastest growing import markets in Nitrites and Nitrates for Thailand between 2021 and 2022 were Israel ($7.87M), Malaysia ($1.04M), and Chile ($689k).

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 Nitrites and Nitrates. 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)$7.03M
IMPORTS (2022)$34M
NET TRADE (2022)-$27M

In 2022, Thailand exported $7.03M in Nitrites and Nitrates. The main destinations of Thailand exports on Nitrites and Nitrates were Malaysia ($3.3M), Vietnam ($2.07M), Japan ($807k), Philippines ($334k), and Australia ($250k).

In 2022, Thailand imported $34M in Nitrites and Nitrates, mainly from Israel ($13.4M), China ($6.74M), Malaysia ($5.69M), Chile ($2.31M), and India ($1.15M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitrites and Nitrates EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Malaysia$1.4M (73.9%)
Japan$421k (109%)
Australia$91.4k (57.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrites and Nitrates BY Thailand WERE (2021 - 2022):
Vietnam-$516k (-19.9%)
Cambodia-$190k (-91.5%)
China-$66.9k (-85.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Nitrites and Nitrates were:
Chile $587M
China $269M
Israel $187M
In 2022, Thailand's main importing competitors in Nitrites and Nitrates were:
Netherlands $269M
Spain $201M
United States $160M

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Trade Value of Nitrites and Nitrates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $229k
TOP IMPORT POTENTIALChina+ $1M

Nitrites and Nitrates’s highest export potential is Japan. With an export gap of $229k.   Nitrites and Nitrates’s highest import potential is China with an import gap of $1M.

See methodology.

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