2022
Exports
$5.29BWorld Rnk 20 / 214
Flag Rnk 12 / 96
2022
PRODUCT COMPLEXITY IN Organic chemicals
1.95Rnk 8 / 1025
2022
Imports
$5.62BWorld Rnk 24 / 225
Flag Rnk 11 / 96
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $5.29B in Organic chemicals, making it the 20th largest exporter of Organic chemicals in the world. At the same year, Organic chemicals was the 12th most exported product in Thailand. The main destination of Organic chemicals exports from Thailand are: China ($1.17B), India ($838M), Vietnam ($404M), Indonesia ($387M), and United States ($346M).

The fastest growing export markets for Organic chemicals of Thailand between 2021 and 2022 were India ($98.7M), Japan ($37.3M), and Netherlands ($34.5M).

Imports In 2022, Thailand imported $5.62B in Organic chemicals, becoming the 24th largest importer of Organic chemicals in the world. At the same year, Organic chemicals was the 11th most imported product in Thailand. Thailand imports Organic chemicals primarily from: China ($1.87B), Singapore ($637M), Japan ($437M), Malaysia ($390M), and Chinese Taipei ($280M).

The fastest growing import markets in Organic chemicals for Thailand between 2021 and 2022 were China ($152M), South Africa ($91.1M), and Oman ($25.2M).

COMPANIES In 2023, leading companies such as Samsung (470), IKEA Group (149), and LG Electronics (45) were at the forefront of shipping Organic 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 Organic 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)$5.29B
IMPORTS (2022)$5.62B
NET TRADE (2022)-$326M

In 2022, Thailand exported $5.29B in Organic chemicals. The main destinations of Thailand exports on Organic chemicals were China ($1.17B), India ($838M), Vietnam ($404M), Indonesia ($387M), and United States ($346M).

In 2022, Thailand imported $5.62B in Organic chemicals, mainly from China ($1.87B), Singapore ($637M), Japan ($437M), Malaysia ($390M), and Chinese Taipei ($280M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Organic chemicals EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
India$98.7M (13.3%)
Japan$37.3M (26.5%)
Netherlands$34.5M (41.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic chemicals BY Thailand WERE (2021 - 2022):
China-$680M (-36.7%)
Chinese Taipei-$59.9M (-25.7%)
Singapore-$42.7M (-25.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Organic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $278M
TOP IMPORT POTENTIALChina+ $245M

Organic chemicals’s highest export potential is China. With an export gap of $278M.   Organic chemicals’s highest import potential is China with an import gap of $245M.

See methodology.

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