2023
Exports
$88.1MWorld Rnk 9 / 190
Flag Rnk 335 / 1212
2023
PRODUCT COMPLEXITY IN Packing Bags
-1.73Rnk 976 / 1025
2023
Imports
$66MWorld Rnk 19 / 222
Flag Rnk 428 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $88.1M in Packing Bags, making it the 9th largest exporter of Packing Bags in the world. At the same year, Packing Bags was the 335th most exported product in Thailand. The main destination of Packing Bags exports from Thailand are: United States ($20.6M), Burma ($12.8M), Norway ($7.94M), Australia ($6.05M), and Japan ($5.71M).

The fastest growing export markets for Packing Bags of Thailand between 2022 and 2023 were United States ($6.39M), Australia ($5.36M), and Uruguay ($2.09M).

Imports In 2023, Thailand imported $66M in Packing Bags, becoming the 19th largest importer of Packing Bags in the world. At the same year, Packing Bags was the 428th most imported product in Thailand. Thailand imports Packing Bags primarily from: Vietnam ($27.7M), China ($26.5M), India ($2.89M), Indonesia ($2.84M), and Malaysia ($1.23M).

The fastest growing import markets in Packing Bags for Thailand between 2022 and 2023 were Bangladesh ($383k), Finland ($372k), and Chinese Taipei ($209k).

COMPANIES In 2024, leading companies such as Samsung (2) and ALDI Grocery Stores (1) were at the forefront of shipping Packing Bags from Thailand to the United States.

Latest Trends

Dec 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 Packing Bags. 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 (2023)$88.1M
IMPORTS (2023)$66M
NET TRADE (2023)$22.1M

In 2023, Thailand exported $88.1M in Packing Bags. The main destinations of Thailand exports on Packing Bags were United States ($20.6M), Burma ($12.8M), Norway ($7.94M), Australia ($6.05M), and Japan ($5.71M).

In 2023, Thailand imported $66M in Packing Bags, mainly from Vietnam ($27.7M), China ($26.5M), India ($2.89M), Indonesia ($2.84M), and Malaysia ($1.23M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Packing Bags EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
United States$6.39M (45%)
Australia$5.36M (769%)
Uruguay$2.09M (210%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packing Bags BY Thailand WERE (2022 - 2023):
Japan-$3.27M (-36.4%)
Sweden-$2.77M (-46.4%)
Norway-$2.39M (-23.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Packing Bags were:
China $1.42B
India $1.14B
In 2023, Thailand's main importing competitors in Packing Bags were:

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Trade Value of Packing Bags by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.63M
TOP IMPORT POTENTIALIndia+ $5.47M

Packing Bags’s highest export potential is United States. With an export gap of $4.63M.   Packing Bags’s highest import potential is India with an import gap of $5.47M.

See methodology.

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