2023
Exports
$281MWorld Rnk 8 / 104
Flag Rnk 182 / 1212
2023
PRODUCT COMPLEXITY IN Phenols
1.59Rnk 34 / 1025
2023
Imports
$173MWorld Rnk 9 / 179
Flag Rnk 249 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $281M in Phenols, making it the 8th largest exporter of Phenols in the world. At the same year, Phenols was the 182nd most exported product in Thailand. The main destination of Phenols exports from Thailand are: India ($114M), China ($73.6M), South Korea ($64.5M), United States ($8.16M), and Indonesia ($8.15M).

The fastest growing export markets for Phenols of Thailand between 2022 and 2023 were South Korea ($26.7M), Israel ($2.28M), and Netherlands ($1.12M).

Imports In 2023, Thailand imported $173M in Phenols, becoming the 9th largest importer of Phenols in the world. At the same year, Phenols was the 249th most imported product in Thailand. Thailand imports Phenols primarily from: Singapore ($69.8M), Chinese Taipei ($44M), Japan ($27.5M), South Korea ($16M), and China ($7.14M).

The fastest growing import markets in Phenols for Thailand between 2022 and 2023 were Singapore ($43.7M), Chinese Taipei ($20.6M), and India ($901k).

Latest Trends

Jan 2025

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 Phenols. 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)$281M
IMPORTS (2023)$173M
NET TRADE (2023)$107M

In 2023, Thailand exported $281M in Phenols. The main destinations of Thailand exports on Phenols were India ($114M), China ($73.6M), South Korea ($64.5M), United States ($8.16M), and Indonesia ($8.15M).

In 2023, Thailand imported $173M in Phenols, mainly from Singapore ($69.8M), Chinese Taipei ($44M), Japan ($27.5M), South Korea ($16M), and China ($7.14M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Phenols EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
South Korea$26.7M (70.5%)
Israel$2.28M (386%)
Netherlands$1.12M (137k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Phenols BY Thailand WERE (2022 - 2023):
China-$125M (-63%)
Chinese Taipei-$38.5M (-92.6%)
Jordan-$5.5M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Phenols were:
In 2023, Thailand's main importing competitors in Phenols were:

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Trade Value of Phenols by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.92M
TOP IMPORT POTENTIALChina+ $5.17M

Phenols’s highest export potential is United States. With an export gap of $5.92M.   Phenols’s highest import potential is China with an import gap of $5.17M.

See methodology.

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