2022
Exports
$230MWorld Rnk 10 / 202
Flag Rnk 199 / 1211
2022
PRODUCT COMPLEXITY IN Soap
-1.11Rnk 858 / 1025
2022
Imports
$98.3MWorld Rnk 21 / 223
Flag Rnk 370 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $230M in Soap, making it the 10th largest exporter of Soap in the world. At the same year, Soap was the 199th most exported product in Thailand. The main destination of Soap exports from Thailand are: Australia ($40.3M), Burma ($27.8M), United Kingdom ($19M), Japan ($15.3M), and Philippines ($11.7M).

The fastest growing export markets for Soap of Thailand between 2021 and 2022 were Burma ($12.5M), United States ($7.73M), and United Kingdom ($5.58M).

Imports In 2022, Thailand imported $98.3M in Soap, becoming the 21st largest importer of Soap in the world. At the same year, Soap was the 370th most imported product in Thailand. Thailand imports Soap primarily from: Indonesia ($36M), China ($34.5M), Malaysia ($15.6M), United States ($5.59M), and Philippines ($2.35M).

The fastest growing import markets in Soap for Thailand between 2021 and 2022 were China ($18.5M), Malaysia ($3.34M), and Indonesia ($1.07M).

COMPANIES In 2023, leading companies such as Amazon (1) were at the forefront of shipping Soap from Thailand to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Soap. 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)$230M
IMPORTS (2022)$98.3M
NET TRADE (2022)$132M

In 2022, Thailand exported $230M in Soap. The main destinations of Thailand exports on Soap were Australia ($40.3M), Burma ($27.8M), United Kingdom ($19M), Japan ($15.3M), and Philippines ($11.7M).

In 2022, Thailand imported $98.3M in Soap, mainly from Indonesia ($36M), China ($34.5M), Malaysia ($15.6M), United States ($5.59M), and Philippines ($2.35M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soap EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Burma$12.5M (82.1%)
United States$7.73M (284%)
United Kingdom$5.58M (41.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soap BY Thailand WERE (2021 - 2022):
Poland-$2.02M (-64.8%)
Japan-$1.72M (-10.1%)
Cambodia-$1.1M (-14.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Soap were:
In 2022, Thailand's main importing competitors in Soap were:

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Trade Value of Soap by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $11.9M
TOP IMPORT POTENTIALMalaysia+ $6.82M

Soap’s highest export potential is United States. With an export gap of $11.9M.   Soap’s highest import potential is Malaysia with an import gap of $6.82M.

See methodology.

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