2023
Exports
$19MWorld Rnk 30 / 137
Flag Rnk 602 / 1212
2023
PRODUCT COMPLEXITY IN Prepared Pigments
1.13Rnk 132 / 1025
2023
Imports
$82.7MWorld Rnk 18 / 201
Flag Rnk 386 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $19M in Prepared Pigments, making it the 30th largest exporter of Prepared Pigments in the world. At the same year, Prepared Pigments was the 602nd most exported product in Thailand. The main destination of Prepared Pigments exports from Thailand are: South Korea ($3.13M), Indonesia ($3.1M), Bangladesh ($2.73M), Burma ($2.27M), and Pakistan ($1.42M).

The fastest growing export markets for Prepared Pigments of Thailand between 2022 and 2023 were Pakistan ($1.36M), Chinese Taipei ($284k), and Japan ($149k).

Imports In 2023, Thailand imported $82.7M in Prepared Pigments, becoming the 18th largest importer of Prepared Pigments in the world. At the same year, Prepared Pigments was the 386th most imported product in Thailand. Thailand imports Prepared Pigments primarily from: Chinese Taipei ($23.2M), Japan ($17.7M), China ($11.8M), Spain ($6.44M), and South Korea ($5.4M).

The fastest growing import markets in Prepared Pigments for Thailand between 2022 and 2023 were Chinese Taipei ($5.65M), Turkey ($2.29M), and Japan ($1.74M).

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 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 (2023)$19M
IMPORTS (2023)$82.7M
NET TRADE (2023)-$63.6M

In 2023, Thailand exported $19M in Prepared Pigments. The main destinations of Thailand exports on Prepared Pigments were South Korea ($3.13M), Indonesia ($3.1M), Bangladesh ($2.73M), Burma ($2.27M), and Pakistan ($1.42M).

In 2023, Thailand imported $82.7M in Prepared Pigments, mainly from Chinese Taipei ($23.2M), Japan ($17.7M), China ($11.8M), Spain ($6.44M), and South Korea ($5.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Prepared Pigments EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Pakistan$1.36M (2.6k%)
Chinese Taipei$284k (243%)
Japan$149k (720%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Pigments BY Thailand WERE (2022 - 2023):
Indonesia-$4.64M (-59.9%)
Vietnam-$3.87M (-76.1%)
Laos-$899k (-47.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Prepared Pigments were:
Spain $1.01B
China $636M
Japan $493M
In 2023, 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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