2022
Exports
$117MWorld Rnk 9 / 192
Flag Rnk 295 / 1211
2022
PRODUCT COMPLEXITY IN Packing Bags
-1.76Rnk 978 / 1025
2022
Imports
$86.3MWorld Rnk 18 / 223
Flag Rnk 396 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $117M in Packing Bags, making it the 9th largest exporter of Packing Bags in the world. At the same year, Packing Bags was the 295th most exported product in Thailand. The main destination of Packing Bags exports from Thailand are: United States ($32.7M), Australia ($12.8M), Burma ($12.5M), Norway ($8.9M), and Japan ($7.02M).

The fastest growing export markets for Packing Bags of Thailand between 2021 and 2022 were Norway ($2.51M), Australia ($2.09M), and Indonesia ($1.5M).

Imports In 2022, Thailand imported $86.3M in Packing Bags, becoming the 18th largest importer of Packing Bags in the world. At the same year, Packing Bags was the 396th most imported product in Thailand. Thailand imports Packing Bags primarily from: China ($38.5M), Vietnam ($29.3M), India ($5.34M), Indonesia ($4.94M), and Malaysia ($1.7M).

The fastest growing import markets in Packing Bags for Thailand between 2021 and 2022 were China ($5.92M), Vietnam ($3.63M), and Indonesia ($2.21M).

COMPANIES In 2023, leading companies such as Walmart (13), Walgreens (2), and Ledvance (1) were at the forefront of shipping Packing Bags 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 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 (2022)$117M
IMPORTS (2022)$86.3M
NET TRADE (2022)$30.9M

In 2022, Thailand exported $117M in Packing Bags. The main destinations of Thailand exports on Packing Bags were United States ($32.7M), Australia ($12.8M), Burma ($12.5M), Norway ($8.9M), and Japan ($7.02M).

In 2022, Thailand imported $86.3M in Packing Bags, mainly from China ($38.5M), Vietnam ($29.3M), India ($5.34M), Indonesia ($4.94M), and Malaysia ($1.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packing Bags EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Norway$2.51M (39.3%)
Australia$2.09M (19.5%)
Indonesia$1.5M (75.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packing Bags BY Thailand WERE (2021 - 2022):
United States-$7.19M (-18%)
Malaysia-$1.68M (-30.5%)
United Kingdom-$1.56M (-60.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Packing Bags were:
China $1.74B
India $1.39B
In 2022, 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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