2022
Exports
$27.3MWorld Rnk 25 / 138
Flag Rnk 541 / 1211
2022
PRODUCT COMPLEXITY IN Prepared Pigments
1.08Rnk 144 / 1025
2022
Imports
$84.2MWorld Rnk 22 / 195
Flag Rnk 399 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $27.3M in Prepared Pigments, making it the 25th largest exporter of Prepared Pigments in the world. At the same year, Prepared Pigments was the 541st most exported product in Thailand. The main destination of Prepared Pigments exports from Thailand are: Indonesia ($6.8M), Vietnam ($5.33M), Bangladesh ($3.4M), South Korea ($3.16M), and Burma ($2.73M).

The fastest growing export markets for Prepared Pigments of Thailand between 2021 and 2022 were Bangladesh ($1.99M), Vietnam ($1.16M), and South Korea ($602k).

Imports In 2022, Thailand imported $84.2M in Prepared Pigments, becoming the 22nd largest importer of Prepared Pigments in the world. At the same year, Prepared Pigments was the 399th most imported product in Thailand. Thailand imports Prepared Pigments primarily from: Japan ($19.2M), China ($16M), Chinese Taipei ($12.7M), Spain ($9.09M), and South Korea ($7.94M).

The fastest growing import markets in Prepared Pigments for Thailand between 2021 and 2022 were Vietnam ($1.59M), Germany ($491k), and South Korea ($444k).

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 Prepared Pigments. 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)$27.3M
IMPORTS (2022)$84.2M
NET TRADE (2022)-$56.9M

In 2022, Thailand exported $27.3M in Prepared Pigments. The main destinations of Thailand exports on Prepared Pigments were Indonesia ($6.8M), Vietnam ($5.33M), Bangladesh ($3.4M), South Korea ($3.16M), and Burma ($2.73M).

In 2022, Thailand imported $84.2M in Prepared Pigments, mainly from Japan ($19.2M), China ($16M), Chinese Taipei ($12.7M), Spain ($9.09M), and South Korea ($7.94M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Prepared Pigments EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Bangladesh$1.99M (141%)
Vietnam$1.16M (27.9%)
South Korea$602k (23.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Pigments BY Thailand WERE (2021 - 2022):
Indonesia-$1.13M (-14.3%)
Laos-$399k (-17.7%)
Japan-$206k (-91.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Prepared Pigments were:
Spain $1.21B
China $759M
Japan $627M
In 2022, Thailand's main importing competitors in Prepared Pigments were:

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Trade Value of Prepared Pigments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $979k
TOP IMPORT POTENTIALChina+ $3.72M

Prepared Pigments’s highest export potential is China. With an export gap of $979k.   Prepared Pigments’s highest import potential is China with an import gap of $3.72M.

See methodology.

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